This is the Final Public Hearing on the adoption of proposed amendments to Rule 69O-149.037; Calculation of Premium Rates, Florida Administrative Code, published on December 22, 2006 in Vol. 32, No. 51, of the Florida Administrative Weekly. No ...

 

DEPARTMENT OF FINANCIAL SERVICES
OIR – Insurance Regulation

RULE NO: RULE TITLE
69O-149.037: Calculation of Premium Rates

The Financial Services Commission, Office of Insurance Regulation announces a public hearing to which all persons are invited:

DATE AND TIME: April 3, 2007, 9:00 a.m., during a regular meeting of the Financial Services Commission

PLACE: Cabinet Meeting Room, Lower Level, The Capitol, Tallahassee, Florida

GENERAL SUBJECT MATTER TO BE CONSIDERED: This is the Final Public Hearing on the adoption of proposed amendments to Rule 69O-149.037; Calculation of Premium Rates, Florida Administrative Code, published on December 22, 2006 in Vol. 32, No. 51, of the F.A.W. No notice of change was published.

Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this program, please advise the contact person at least 5 calendar days before the program by contacting Diane Bradford at E-mail: [e-mail]. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).

 

THE FULL TEXT OF THE PROPOSED RULE IS:

69O-149.037 Calculation of Premium Rates.

(1) through (3) No change.

(4) Rate filing requirements.

(a) No change.

(b) SERCS CARES. Small group standard and basic product rates must be filed on a 2-50 life basis using the Small Employer Rate Collection System (SERCS) Rate Collection Systems (CARES), Form OIR-B2-SERCSCARES (Rev. 6/19/06 9/19/05), which is hereby adopted and incorporated by reference. These forms are available at: https://iportal.fldfs.com/ifile/fass/work/questions/sercs_upload.asphttps://iportal.fldfs.com/cares/Product/Product.asp.

(5) through (8) No change.

Specific Authority 624.308(1), 624.424(1)(c), 627.6699(17) FS. Law Implemented 627.410, 627.6692, 627.6699(3), (6), (12)(e), (13), (13)(i) FS. History–New 3-1-93, Amended 11-7-93, 5-11-94, 4-23-95, 8-4-02, 6-19-03, Formerly 4-149.037, Amended 7-6-06,________.

 

A copy of the agenda may be obtained by contacting: The Governor and Cabinet Website at http://www.myflorida.com/myflorida/cabinet/mart.html. The agenda should be available approximately one week before the cabinet meeting.