§ 26-18-302 — Sale of health insurance policies approved in other states

(a) The insurance commissioner shall approve for sale in
Wyoming any individual or small employer health insurance policy
or high deductible health plan that is currently approved for
issuance in another state where the insurer or the insurer's
affiliate or subsidiary is authorized to transact insurance,
subject to the following:
(i) Approval shall include approval of any relevant
policy forms, provided the forms have been approved by the
appropriate regulatory body in the other state;
(ii) The insurer or the insurer's affiliate or
subsidiary filing and issuing the policy in Wyoming is also
authorized to transact insurance in this state pursuant to title
26, chapter 3 of the Wyoming statutes;
(iii) The policy meets the requirements of this
article;
(iv) The insurer shall agree that the Wyoming
insurance commissioner may enforce the provisions of the
insurance policy and resolve disputes between the insurer and
the policyholder in the same manner as the regulatory
authorities in the other state, provided that if a contested
case arises it shall be subject to the provisions of the Wyoming
Administrative Procedure Act and any appeals shall be resolved
in Wyoming courts;
(v) The insurer shall inform the commissioner whether
the policy will be priced as it is in the other state or at a
Wyoming specific price;
(vi) For small employer health insurance policies,
all policies shall be subject to the provisions of W.S.
26-19-306(a) and (c)(vi);
(vii) The commissioner shall review any provider
network requirements in the policy and may require modification
of those requirements if the insurer lacks sufficient within
network providers in Wyoming;
(viii) Any authorized insurer may offer an individual
or small employer an insurance policy with benefits equivalent
to those in any policy approved for sale in Wyoming under this
article provided that the offered policy meets the requirements
of this article.