5695081, 69O-149.041 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 5695081

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-149.041

Marketing Communication Material and Marketing Guidelines

PURPOSE:

These amendments change the current practice of small group carriers using two different underwriting application approaches, based on group size. This rule requires one type of application for all small employer groups, indifferent of group size.

SUMMARY:

This rule creates an unfair trade practice pursuant to Section 626.9611, F.S., by prohibiting an insurer from treating certain sized small groups differently than it treats other sized small groups. Under the rule, all small groups must be treated the same, unless Section 627.6699, F.S., specifically otherwise provides.

RULEMAKING AUTHORITY:

626.9611, 627.6699(13)(i), (17) FS.

LAW:

626.9541(1)(b), (g)2., (x)3., 627.6699(3)(g), (v), (5)(a), (7), (12), (12)(c), (13), (13)(b) FS.

PRINT PUBLISH DATE:

6/20/2008 Vol. 34/25

COMMENTS:

From 6/20/2008 To 7/11/2008 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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