N.J. Admin. Code § 11:4-16.1
Current through Register Vol. 57, No. 1, January 6, 2025
The purpose of this regulation is to implement N.J.S.A. 17B:26-45 so as to provide reasonable standardization and simplification of language, terms and coverages to facilitate understanding and comparisons; elimination of provisions which may be misleading or unreasonably confusing in connection with either the purchase of insurance or the settlement of claims; elimination of provisions which may be contrary to the health care needs of the public; elimination of coverages which are so limited in scope as to be no substantial economic value to the holders thereof; and elimination of unfair renewal practices which are contrary to the health care needs and economic well-being of the public.
N.J. Admin. Code § 11:4-16.1
See: 27 New Jersey Register 3557(a), 28 New Jersey Register 165(a).