Section R590-268-6 - Form and Rate Filings(1) An insurer shall file a stop-loss insurance contract and application with: (a) any related documents;(b) if altered, a disclosure as outlined in Section R590-268-4; and(c) a rate manual with an actuarial memorandum as outlined in Section R590-268-7.(2) A new or a revised rate filing shall:(a) include: (i) a summary of the rate calculation;(ii) geographic rating area factors applicable in Utah;(iii) a description of how the overall rate is compliant; and(iv) an actuarial certification signed by a qualified actuary; and(b) be filed no later than 30 days before use.(3) A stop-loss contract shall be consistently applied to each small employer.(4) A filing shall be submitted using SERFF.Utah Admin. Code R590-268-6
Amended by Utah State Bulletin Number 2016-1, effective 12/9/2015Amended by Utah State Bulletin Number 2019-14, effective 6/21/2019Amended by Utah State Bulletin Number 2023-10, effective 5/9/2023