Amendments update statutory references, edits requirements for Stop-loss insurance and updates the applicable actuarial standards to be used in the Actuarial Memorandum.

 

DEPARTMENT OF FINANCIAL SERVICES

OIR – Insurance Regulation

RULE NO.: RULE TITLE:

69O-149.0025: Definitions

69O-149.005: Reasonableness of Benefits in Relation to Premiums

69O-149.006: Actuarial Memorandum

PURPOSE AND EFFECT: Amendments update statutory references, edits requirements for Stop-loss insurance and updates the applicable actuarial standards to be used in the Actuarial Memorandum.

SUBJECT AREA TO BE ADDRESSED: Health insurance rate filing requirements.

RULEMAKING AUTHORITY: 624.308(1), 627.410(6)(b),(d), (e), FS.

LAW IMPLEMENTED: 627.410(1), (2), (6)(d),(e), 627.410(7), 627.411(1)(a),(e), 627.9175, FS.

IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW:

DATE AND TIME: July 27, 2017, 9:30 a.m.

PLACE: 116 Larson Building, 200 East Gaines Street, Tallahassee, Florida.

Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 5 days before the workshop/meeting by contacting: Christopher Struk, Office of Insurance Regulation, 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 PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Christopher Struk, Office of Insurance Regulation, e-mail [e-mail].

 

THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.