3218477, 69O-149.037 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 3218477

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

FILING OF FORMS AND RATES FOR LIFE/HEALTH INSURANCE

Overview

RULE:

69O-149.037

Calculation of Premium Rates

PURPOSE:

Pursuant to Sections 627.410(6)(a) and 627.6699(6), Florida Statutes, and the existing language of Rule 69O-149.037(4)(b), Florida Administrative Code, small employer group standard and basic product rates must be filed electronically with the Office of Insurance Regulation (Office), on a 2-50 life basis, using the Rate Collection Systems(CARES).

SUMMARY:

The proposed rule will require all small group rates to be filed electronically with the Office, on a 2-50 life basis, using new software referred to as the Small Employer Rate Collection System (SERCS).

RULEMAKING AUTHORITY:

624.308(1), 624.424(1)(c), 627.6699(17), FS.

LAW:

627.410, 627.6692, 627.6699(3), (6), (12)(e), (13), (13)(i), FS.

PRINT PUBLISH DATE:

12/22/2006 Vol. 32/51

COMMENTS:

From 12/22/2006 To 1/12/2007 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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