Subject
The purpose of the hearing is to discuss a revision that has been made to proposed Rule 69O-125.003, as per the Notice of Change published in the Florida Administrative Weekly on February 24, 2006.
The proposed rule now reads as follows:
69O-125.003 Unfair Discrimination Because of Travel Plans.
(1) No insurer nor person authorized to engage in the business of insurance in the State of Florida shall refuse to issue any policy, contract or certificate of life insurance, annuity contract, accident, disability or health insurance, because of the intent of the applicant to engage in future lawful foreign travel or based upon past lawful foreign travel, unless the insurer can demonstrate that insureds who have traveled or intend to travel are a separate actuarially supportable class whose risk of loss is different from those insureds who have not traveled and do not intend to travel.
(2) No insurer nor person authorized to engage in the business of insurance in the State of Florida, shall, in determining the rates charged an applicant for coverage under any policy, contract or certificate of life insurance, annuity contract, accident, disability or health insurance, issued or to be issued to be delivered to any resident of this state, consider the intent of the applicant to engage in future lawful foreign travel or past lawful travel of the applicant, unless the insurer can demonstrate that insureds who have traveled or intend to travel are a separate actuarially supportable class whose risk of loss is different from those insureds who have not traveled and do not intend to travel.
(3) Violation of this rule constitutes unfair discrimination prohibited by Section 626.9541(1)(g), Florida Statutes.
Specific Authority 626.9611, F.S. Law Implemented 626.951, 626.9521, 626.9541(1)(g), F.S. History—New ___________.
CONTACT NAME AND NUMBER: Frank Dino, Life and Health Product Review, Office of Insurance Regulation, (850)413-5014 or e-mail: frank.dino@fldfs.com.
Input from interested parties will be received at this public hearing. If you are unable to attend this public hearing, please forward your comments to Frank Dino at frank.dino@fldfs.com.