La. Admin. Code tit. 37 § XI-4927

Current through Register Vol. 50, No. 9, September 20, 2024

Section XI-4927 - [Effective until 11/11/2024] New Rate or Premium

A. For all health insurance issuers specified in §4901.C, any rate increases that were filed prior to the effective date of Emergency Rule 49, or any rate increase that did not require a filing with the commissioner regarding which notice had already been sent to the group policyholder prior to the effective date of Emergency Rule 49, may be implemented as scheduled. No other rate increase may be implemented unless approved by the commissioner.

B. For all other insurers, as specified in §4901.B, Emergency Rule 49 shall not affect the right of any insurer to file for and/or implement a new rate or premium for any insurance policy for the types of insurance enumerated in §4903.A if the new rate or premium has been approved by the commissioner of Insurance.

La. Admin. Code tit. 37, § XI-4927

Promulgated by the Department of Insurance, Office of the Commissioner, LR 50, exp. 11/11/2024 (Emergency).

AUTHORITY NOTE: Promulgated in accordance with Executive Order Number JML 24-142, R.S. 22:2, R.S. 22:11, and R.S. 22:1961 et seq, R.S. 49:950 et seq.