27566835, 69O-137.001 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 27566835

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

INSURER REPORTING REQUIREMENTS

Overview

RULE:

69O-137.001	Annual and Quarterly Reporting Requirements
69O-137.004	Reports of Information by Health Insurers Required

PURPOSE:

Section 624.424, Florida Statutes, requires insurers to file quarterly and annual financial reports with the Office of Insurance Regulation and allows the Office to enact rules setting the standards for those reports. By amending 69O-137.001 to adopt the current versions of these NAIC instructions and manuals, the Office is establishing up-to-date, uniform standards for annual and quarterly reports which will provide the information necessary for the Office to evaluate insurers’ financial conditions.

The proposed amendment to Rule 69O-137.004, F.A.C., promulgates the current version of Form OIR-B2-1094, “Report of Gross Annual Premiums and Enrollment Data for Health Benefit Plans Issued to Florida Residents” and creates Form OIR-B3-494, “Implemented Health Insurance Measures”, to collect information required by Section 637.9175, F.S.

SUMMARY:

Rule 69O-137.001 is amended to adopt the current versions of these NAIC instructions and manuals.

The amendment to Rule 69O-137.004, F.A.C., promulgates the current version of Form OIR-B2-1094, “Report of Gross Annual Premiums and Enrollment Data for Health Benefit Plans Issued to Florida Residents.” The amendment also creates Form OIR-B3-494, “Implemented Health Insurance Measures”, which will collect information on measures implemented or proposed to contain health insurance costs or cost increases as required by Section 637.9175(2), F.S.

RULEMAKING AUTHORITY:

624.308(1), 624.424(1), 627.9175, F.S

LAW:

624.307(1), 624.424(1), 627.9175, FS.

PRINT PUBLISH DATE:

9/19/2023 Vol. 49/182

COMMENTS:

From 9/19/2023 To 10/10/2023 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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