Utah Statutes

§ 31A-43-304 — Administrative rules.

Utah·Title 31A Insurance Code·Ch. 31A-43 Small Employer Stop-Loss Insurance Act·Part 31A-43-3 Stop-Loss Insurance

The commissioner may adopt administrative rules in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, to:

(1)implement this chapter;
(2)define lasering practices that are prohibited by this chapter;
(3)establish the form and manner of the actuarial certification and the annual report on stop-loss experience required by Section 31A-43-302;
(4)establish the form and manner of the disclosure required by Section 31A-43-303;
(5)assure the rates associated with the specific attachment points and aggregate attachment points are actuarially sound and are not against the public interest; and
(6)assure that stop-loss contracts include provisions to cover incurred and unpaid claims if a small employer plan terminates.

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Legislative History

Amended by Chapter 290, 2014 General Session; Amended by Chapter 300, 2014 General Session

Nearby Sections

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