36586, 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: 36586

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
69O-149.038	Employee Health Care Access Act Statement Reporting Requirement

PURPOSE:

The proposed rules: (1) require insurers to submit small group rate filings to the Office of Insurance Regulation that comply with the revised maximum 5-year age bands; (2) clarify experience to be included in the biennial reporting requirements regarding the underwriting impact of using +/- 15% in the small group market; and (3) specify how appropriate COBRA rates should be determined.

SUMMARY:

RULEMAKING AUTHORITY:

624.308(1) FS., 627.6699(5)(i)4.,(6),(16) FS., 627.9175 FS.

LAW:

624.424(6) FS., 627.410 FS., 627.6692 FS., 627.6699 FS., 627.9175 FS.

PRINT PUBLISH DATE:

1/20/2006 Vol. 32/03

COMMENTS:

From 1/20/2006 To 2/10/2006 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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