Wyoming Statutes

§ 26-43-107 — Premiums; standard risk rate

Wyoming § 26-43-107
JurisdictionWyoming
Title 26Insurance Code
Ch. 43HEALTH CARE

This text of Wyoming § 26-43-107 (Premiums; standard risk rate) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wyo. Stat. Ann. § 26-43-107 (2026).

Text

(a)Separate schedules of premium rates based on plan coverage under the pool, age, sex and geographical location may apply for individual risks.
(b)The board shall determine the standard risk rate by calculating the average individual standard rate charged by the five (5) largest insurers offering coverages in the state comparable to each plan coverage under the pool. If five (5) insurers do not offer comparable coverage, the standard risk rate shall be established using reasonable actuarial techniques and shall reflect anticipated experience and expenses for the applicable coverage.
(c)Initial rates for pool coverage in the first year coverage is provided pursuant to this act shall not be less than one hundred fifty percent (150%) of rates established as applicable for individual stand

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Bluebook (online)
Wyoming § 26-43-107, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/43/26-43-107.