Published on: 21977210. The Office of Insurance Regulation is amending rules related to Filing of Forms and Rates for Life/Health Insurance to allow an exemption to paragraph 14(b) of 69O-149.005 for certain types of plans issued by an insurer, to update the Experience on the Form requirements, and to update the actuarial certification requirements.; Wednesday, June 26, 2019, 10:00 a.m.; 116 Larson Building, 200 East Gaines Street, Tallahassee, Florida. To join by telephone, call (850)413-1558 and enter conference ID# 7722361.
Published on: 21640814. The rules are being amended to allow an exemption to paragraph 14(b) of 69O-149.005 for certain types of plans issued by an insurer, to update the Experience on the Form requirements, and to update the actuarial certification requirements.
Published on: 21418005. The rules are being amended to allow an exemption to paragraph 14(b) of 69O-149.005 for certain types of plans issued by an insurer, to update the Experience on the Form requirements, and to update the actuarial certification requirements.
Published on: 21127781. Metropolitan Life Insurance Company filed a petition for Variance from Rule 69O-149.005(14)(b), F.A.C. on August 9, 2018. The petition requests that the Office extend a variance granted on December 22, 2016, which concerns the provision that multiple year rate guarantees or rating caps may not exceed 24 months. The December 22, 2016, variance allows insurers to issue dental and vision plans insuring groups of 51 or more persons with multiple year rate guarantees or rating cap provisions not exceeding forty-eight (48) months. The December 22, 2016, variance will expire December 31, 2018, unless otherwise extended by order. The instant Petitioner requests that the December 22, 2016, variance be extended permanently, or to such extent the Office may permit.
Notice of the Petition was filed in the F.A.R. on August 21, 2018. An Order Extending Variance was issued on October 26, 2018, allowing Petitioner to issue dental and vision plans with multiple year rate guarantees or rate cap provisions not exceeding 48 months, for a period of 5 years. The variance will expire on December 31, 2023, unless otherwise extended by order.