Utah Code § 31A-25-401

Current through the 2024 Fourth Special Session
Section 31A-25-401 - Compensation not to be contingent on claims expense

The compensation paid to a third party administrator for any policies under which the third party administrator adjusts or settles claims may be contingent on claims experience only if the third party administrator discloses to the person whose plan is being administered any conflicts of interest which are present on account of the compensation arrangement.

Utah Code § 31A-25-401

Enacted by Chapter 242, 1985 General Session