Paragraph 627.9407(7)(c), Florida Statutes, regarding long-term care insurance, provides that any premium increase for existing insureds shall not result in a premium that exceeds the premium charged on a newly issued policy. This puts limits on how high the premium for existing customers can rise; they cannot be higher than rates charged for new policies. The paragraph further provides that if the insurer is not issuing new coverage, the new business rate shall be as published by the Office, at the rate representing the new business rate of insurers representing 80% of the carriers currently offering policies with similar coverage, as determined by the prior calendar year earned premium. In simple terms, every year the Office does a survey of insurers issuing new policies, and comes up with the “new business rate”, broken down by geographical area, and type of long-term care insurance. Rules 69O-157.302, .303, and .304, F.A.C., pertaining to Facility Only Rates, Home Health Care Only Rates, and Comprehensive Only Rates, respectively, are being amended to publish the new business rates that will be effective for 2010.