Current through Bulletin 2024-24, December 15, 2024
Section R590-220-8 - Additional Procedures for Individual Accident and Health Market Filings(1)(a) An insurer filing an individual accident and health insurance filing shall comply with:(i) Title 31A, Chapter 22, Part 6, Accident and Health Insurance;(viii) Rule R590-215; and(b) An insurer filing a health benefit plan filing shall comply with: (i) Title 31A, Chapter 30, Individual, Small Employer, and Group Health Insurance Act;(ii) Title 31A, Chapter 45, Managed Care Organizations;(2) Rate Filings. (a) A rate filing submitted with a new form filing is a file and use filing.(b) A rate revision filing is a file for acceptance filing.(c)(i) An individual accident and health insurance policy, rider, or endorsement affecting a benefit shall be accompanied by a rate filing with an actuarial memorandum signed by a qualified actuary.(ii) A rate filing is not required if the form filing does not impact the premium, however the filing description shall explain the reason there is not a change in the premium.(3) A long-term care insurance filing, including an endorsement or rider attached to a life insurance policy, shall comply with: (a) Title 31A, Chapter 22, Part 14, Long-Term Care Insurance Standards;(c) Sections R590-220-12, R590-220-13, and R590-220-15.(4) A limited long-term care insurance filing shall comply with: (a) Title 31A, Chapter 22, Part 20, Limited Long-Term Care Insurance Act;(c) Sections R590-220-12, R590-220-14, and R590-220-15.(5) A Medicare supplement filing shall comply with: (d) Sections R590-220-11 and R590-220-15.Utah Admin. Code R590-220-8
Amended by Utah State Bulletin Number 2015-20, effective 9/23/2015Adopted by Utah State Bulletin Number 2023-12, effective 3/23/2016Adopted by Utah State Bulletin Number 2023-13, effective 6/9/2023