Variance from Fla. Admin. Code Ann. r. 69O-149.005(14)(b) from Humana Insurance Company and CompBenefits Company. The petition requests that the Office grant a variance from the multiple year rate guarantee or rating cap provision that may not ...

 

DEPARTMENT OF FINANCIAL SERVICES

OIR – Insurance Regulation

RULE NO.:RULE TITLE:

69O-149.005Reasonableness of Benefits in Relation to Premiums

NOTICE IS HEREBY GIVEN that on December 05, 2016, the Office of Insurance Regulation, received a petition for Variance from Fla. Admin. Code Ann. paragraph 69O-149.005(14)(b), from Humana Insurance Company and CompBenefits Company. The petition requests that the Office grant a variance from the multiple year rate guarantee or rating cap provision that may not exceed 24 months. Petitioner requests that the time frame be extended up to 48 months with respect to dental and vision coverage for group health insurance policies insuring groups of 51 or more persons.

A copy of the Petition for Variance or Waiver may be obtained by contacting: Debra Seymour at [e-mail].