2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 513B - SMALL GROUP HEALTH COVERAGE
513B.7 - MAINTENANCE OF RECORDS.

        513B.7  MAINTENANCE OF RECORDS.
         1.  A small employer carrier or organized delivery system shall
      maintain at its principal place of business a complete and detailed
      description of its rating practices and renewal underwriting
      practices, including information and documentation which demonstrate
      that its rating methods and practices are based upon commonly
      accepted actuarial assumptions and are in accordance with sound
      actuarial principles.
         2.  A small employer carrier or organized delivery system shall
      file each March 1 with the commissioner or the director of public
      health an actuarial certification that the small employer carrier or
      organized delivery system is in compliance with this section and that
      the rating methods of the small employer carrier or organized
      delivery system are actuarially sound.  A copy of the certification
      shall be retained by the small employer carrier or organized delivery
      system at its principal place of business.
         3.  A small employer carrier or organized delivery system shall
      make the information and documentation described in subsection 1
      available to the commissioner or the director of public health upon
      request.  The information is not a public record or otherwise subject
      to disclosure under chapter 22, and is considered proprietary and
      trade secret information and is not subject to disclosure by the
      commissioner or the director of public health to persons outside of
      the division or department except as agreed to by the small employer
      carrier or organized delivery system or as ordered by a court of
      competent jurisdiction.  

         91 Acts, ch 244, §7; 97 Acts, ch 103, §22; 98 Acts, ch 1100, § 68