The purposes of this chapter are to:
(a) promote public welfare by regulating insurance rates so that premiums are not excessive, inadequate, or unfairly discriminatory;(b) promote quality and integrity in the databases used in workers' compensation insurance ratemaking;(c) prohibit price fixing agreements and anticompetitive behavior by insurers;(d) define the function and scope of activities of data service organizations; and(e) encourage insurers to provide alternative innovative methods whereby employers can meet the requirements imposed by section 176.181.1981 c 346 s 21; 1995 c 231 art 1 s 1