The rules govern the Office’s review of discount medical plan products. The statutory authority for these rules has been repealed; therefore, the rules are being repealed.

 

DEPARTMENT OF FINANCIAL SERVICES

OIR – Insurance Regulation

RULE NO.:RULE TITLE:

69O-203.204Filing, Approval of DMPO Plans, Rates and Related Forms

69O-203.205Bundled Products.

PURPOSE AND EFFECT: The rules govern the Office’s review of discount medical plan products. The statutory authority for these rules has been repealed; therefore, the rules are being repealed.

SUMMARY: The rules are being repealed to conform to the statutory changes implemented by Chapter 2017-112, Laws of Florida. These rules are obsolete as they are no longer supported by statutory authority.

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS AND LEGISLATIVE RATIFICATION:

The Agency has determined that this will not have an adverse impact on small business or likely increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule. A SERC has not been prepared by the Agency.

Agency personnel familiar with the subject matter of the rule amendment have performed an economic analysis of the rule amendment that shows that the rule amendment is unlikely to have an adverse impact on the State economy in excess of the criteria established in paragraph 120.541(2)(a), Florida Statutes.

Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.

RULEMAKING AUTHORITY: 636.232, FS.

LAW IMPLEMENTED: 624.424(1)(c); 636.208; 636.216; 636.230, FS.

IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN THE FAR.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Michael Lawrence, Jr., Assistant General Counsel, [e-mail], [phone].

 

THE FULL TEXT OF THE PROPOSED RULE IS:

 

69O-203.204 Filing, Approval of DMPO Plans, Rates and Related Forms.

Rulemaking Authority 636.232 FS. Law Implemented 624.424(1)(c), 636.208, 636.216 FS. History–New 4-7-05, Amended 5-4-06, 11-1-07, Repealed______.

 

69O-203.205 Bundled Products.

Rulemaking Specific Authority 636.232 FS. Law Implemented 636.230 FS. History–New 5-4-06, Amended 11-1-07, Repealed______.

 

NAME OF PERSON ORIGINATING PROPOSED RULE: Michael Lawrence, Jr., Assistant General Counsel

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Financial Services Commission

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: December 4, 2018

DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAR: August 16, 2018