2014 Kentucky Revised Statutes CHAPTER 304 - INSURANCE CODE Subtitle 32 - Nonprofit Hospital, Medical-Surgical, Dental and Health Service Corporations 32.32-160 Forms and schedules of charges -- Filing and approval.
Download as PDF
304.32-160 Forms and schedules of charges -- Filing and approval.
(1)
(2)
(3)
(4)
On or after June 18, 1970, no corporation subject to the provisions of this
subtitle shall deliver or issue for delivery in this state any subscription certificate
or membership certificate describing health benefits available, or any
indorsement, rider, or application which becomes a part thereof, or the
schedule of rates, dues, fees, or other periodic charges, to be paid by
subscribers or members, until a copy of such form has been filed with and
approved by the commissioner.
At the expiration of thirty (30) days the form so filed shall be deemed approved
unless prior thereto it has been affirmatively approved or disapproved by order
of the commissioner, or a hearing has been scheduled by order of the
commissioner. In the event that a hearing is held, the thirty (30) day waiting
period shall begin anew after the close of such hearing. Approval of any such
form by the commissioner shall constitute a waiver of any unexpired portion of
such waiting period. The commissioner may extend by not more than an
additional thirty (30) day period within which the commissioner may so
affirmatively approve or disapprove any such form, by giving notice to the
insurer of such extension before expiration of the initial thirty (30) day period.
At the expiration of any such period as so extended, and in the absence of
such prior affirmative approval or disapproval, any such form shall be deemed
approved. The commissioner may at any time withdraw any such approval. Any
notice of the commissioner withdrawing a previous approval shall state the
grounds therefor and the particulars thereof in such detail as reasonable to
inform the insurer thereof. Any such withdrawal of a previously approved form
shall be effective at the expiration of such period, not less than thirty (30) days
after the giving of the notice of withdrawal, as the commissioner shall in such
notice prescribe.
The commissioner's order disapproving any form or withdrawing previous
approval shall state the grounds for disapproval or withdrawal.
The commissioner may, by order, exempt from the requirements of this section
for so long as he or she deems proper, any document or form specified in the
order, to which in his or her opinion this section may not practicably be applied,
or the filing and approval of which are, in his or her opinion, not desirable or
necessary for the protection of the public.
Effective:July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1420, effective July 15, 2010. -Amended 1982 Ky. Acts ch. 320, sec. 35, effective July 15, 1982. -- Amended
1980 Ky. Acts ch. 187, sec. 22, effective July 15, 1980. -- Amended 1978 Ky.
Acts ch. 155, sec. 147, effective June 17, 1978. -- Created 1970 Ky. Acts
ch. 301, subtit. 32, sec. 16, effective June 18, 1970.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.