Minn. R. agency 120, ch. 2761, pt. 2761.1100

Current through Register Vol. 49, No. 18, October 28, 2024
Part 2761.1100 - USE OF BENEFIT PLANS DIFFERENT FROM STANDARD BENEFIT PLANS

An insurer may file for approval of and use benefit plans that differ from the basic benefit plans in part 2761.0700. Rates for these plans that differ must be actuarially consistent with the prima facie rates then in force and must be filed with a supporting actuarial memorandum as required by part 2761.0300. Different benefit plans and the rates filed with those plans shall not be used until those forms and rates are approved by the commissioner. A benefit plan that permits part-time employees who work up to 30 hours per week to be considered "unemployed" but still charges premiums at prima facie rates shall not be considered to differ from the basic benefit plans in part 2761.0700.

Minn. R. agency 120, ch. 2761, pt. 2761.1100

20 SR 1925

Statutory Authority: MS s 45.023; 62B.12