16602828, 69O-154.202 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 16602828

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

HEALTH INSURANCE POLICIES

Overview

RULE:

69O-154.202	Definitions
69O-154.203	Categories of Reserves
69O-154.204	Specific Minimum Standards for Morbidity, Mortality and Interest

PURPOSE:

Over time mortality and morbidity tables no longer reflect anticipated future projected benefits.  The NAIC has adopted updated morbidity tables applicable to Long Term Disability policies.

SUMMARY:

The rules update morbidity tables applicable to Long Term Disability policies as they change over time.

RULEMAKING AUTHORITY:

624.308(1), 625.121(14), 625.081, FS.

LAW:

624.307(1), 625.081, 625.121, FS.

PRINT PUBLISH DATE:

10/12/2015 Vol. 41/198

COMMENTS:

From 10/12/2015 To 11/2/2015 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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