5336375, 69O-149.003 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 5336375

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

FILING OF FORMS AND RATES FOR LIFE/HEALTH INSURANCE

Overview

RULE:

69O-149.003

Rate Filing Procedures

PURPOSE:

This rule change is being made to accommodate the rate filing collection system which is currently being developed for Medicare Supplement products. The rule revision is needed to require issuers to submit their rate information using the rate collection system rather than the format of their choice. This is in response to the Legislature in 2007 allocating funds to establish a system to collect Medicare Supplement rates and publish a premium search and comparison tool on the consumer website.

SUBJECT:

Medicare Supplement Rate Collection.

RULEMAKING AUTHORITY:

624.308(1), 624,424(1)(c), 627.410(6)(b), (e) FS.

LAW:

119.07(1)(b), 624.307(1), 626.9541(1), 627.410 FS.

PRINT PUBLISH DATE:

3/7/2008 Vol. 34/10

RELATED STATUTES
AND LAWS:

624.308(1), 624,424(1)(c), 627.410(6)(b), (e) FS., 119.07(1)(b), 624.307(1), 626.9541(1), 627.410 FS.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://flrules.org/gateway/ruleno.asp?id=69O-149.003&PDate=3/7/2008&Section=1

REFERENCE MATERIALS:

No reference(s).

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