Title II, SEC. 2301. FEDERAL REGULATIONS; PRIOR APPLICATION OR CERTAIN 
REQUIREMENTS. 
      (a) In General. The Secretary, with the advice and assistance of the 
    Advisory Council, as appropriate, shall promulgate regulations as necessary 
    to implement the provisions of this part, in accordance with the timetable 
    specified in subsection (b). 

      (b) Timetable for Publication of Regulations. 

        (1) Federal register notice. Within 120 days after the date a majority 
      of the members are first appointed to the Advisory Council pursuant to 
      section 2302, the Secretary shall publish in the Federal Register a 
      notice setting forth the projected timetable for promulgation of 
      regulations required under this part. Such timetable shall indicate which 
      regulations are proposed to be published by the end of the first, second, 
      and third years after appointment of the Advisory Council. 

        (2) Final deadline. All regulations required under this part shall be 
      published by the end of the third year after appointment of the Advisory 
      Council. 

      (c) Provisions Effective Without Regard to Promulgation of Regulations. 

        (1) In general. Notwithstanding any other provision of this part, 
      insurers shall be required, not later than 6 months after the enactment 
      of this Act, regardless of whether final implementing regulations have 
      been promulgated by the Secretary, to comply with the following 
      provisions of this part: 

          (A) Section 2321(c) (standard outline of coverage); 

          (B) Section 2321(d) (reporting to State insurance commissioners); 

          (C) Section 2322(b) (preexisting condition exclusions); 

          (D) Section 2322(c) (limiting conditions on benefits); 

          (E) Section 2322(d) (inflation protection); 

          (F) Section 2324 (sales practices); 

          (G) Section 2325 (continuation, renewal, replacement, conversion, and 
        cancellation of policies); and 

          (H) Section 2326 (payment of benefits). 

        (2) Interim requirements. Before the effective date of applicable 
      regulations promulgated by the Secretary implementing requirements of 
      this part as specified below, such requirements will be considered to be 
      met 

          (A) in the case of section 2321(c) (requiring a standard outline of 
        coverage), if the long-term care insurance policy meets the 
        requirements of section 6.G.(2) of the NAIC Model Act and of section 24 
        of the NAIC Model Regulation; 

          (B) in the case of section 2321(d) (requiring reporting to the State 
        insurance commissioner), if the insurer meets the requirements of 
        section 14 of the NAIC Model Regulation; 

          (C) in the case of section 2322(c)(1) (general requirements 
        concerning limiting conditions on benefits), if such policy meets the 
        requirements of section 6.D. of the NAIC Model Act; 

          (D) in the case of section 2322(c)(2) (limiting conditions on home 
        health care or community-based services) if such policy meets the 
        requirements of section 11 of the NAIC Model Regulations; 

          (E) in the case of section 2322(d) (concerning inflation protection), 
        if the insurer meets the requirements of section 12 of the NAIC Model 
        Regulation; 

          (F) in the case of section 2324(b) (concerning applications for the 
        purchase of insurance), if the insurer meets the requirements of 
        section 10 of the NAIC Model Regulation; 

          (G) in the case of section 2324(d) (concerning compensation for the 
        sale of policies), if the insurer meets the requirements of the 
        optional regulation entitled ``Permitted Compensation Arrangements'' 
        included in the NAIC Model Regulation; 

          (H) in the case of section 2324(g) (concerning sales through 
        employers or membership organizations), if the insurer and the 
        membership organization meet the requirements of section 21.C. of the 
        NAIC Model Regulation; 

          (I) in the case of section 2324(h) (concerning interstate sales of 
        group policies), if the insurer and the policy meet the requirements of 
        section 5 of the NAIC Model Act; and 

          (J) in the case of section 2325(f) (concerning continuation, renewal, 
        replacement, and conversion of policies), if the insurer and the policy 
        meet the requirements of section 7 of the NAIC Model Regulation.