Montana Statutes
§ 33-31-313 — Premium Increase Restriction -- Exception
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 31 HEALTH MAINTENANCE ORGANIZATIONS·Part 3 Operations
33-31-313 . Premium increase restriction -- exception.
(1)A health maintenance organization may not increase a premium for an individual's or an individual's group health care services agreement more frequently than once during a 12-month period unless failure to increase the premium more frequently than once during the 12-month period would:
(a)place the health maintenance organization in violation of the laws of this state; or
(b)cause the financial impairment of the health maintenance organization to the extent that further transaction of insurance by the health maintenance organization would injure or be hazardous to its enrollees or to the public.
(2)Subsection (1) does not apply to a premium increase necessitated by a state or federal law, by a court decision, by a state rule, or
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Legislative History
En. Sec. 7, Ch. 413, L. 1997.
Nearby Sections
15
§ 33-31-101
Short Title§ 33-31-102
Definitions§ 33-31-103
Rules§ 33-31-104
Repealed§ 33-31-105
Through 33-31-110 Reserved§ 33-31-112
Filings And Reports As Public Documents§ 33-31-113
Confidentiality Of Medical Information§ 33-31-115
Applicability To Managed Health Care Entity§ 33-31-202
Issuance Of Certificate Of Authority§ 33-31-205
Through 33-31-210 Reserved