2012 Utah Code
Title 31A - Insurance Code
Article 43 - Small Employer Stop-loss Insurance Act
Section 304 - Administrative rules.

The commissioner may adopt administrative rules in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, to:

(1) implement this chapter;

(2) assure that differences in rates charged are reasonable and reflect objective differences in plan design;

(3) define lasering practices that are prohibited by this chapter;

(4) establish the form and manner of the actuarial certification and the annual report on stop-loss experience required by Section 31A-43-302;

(5) establish the form and manner of the disclosure required by Section 31A-43-303;

(6) assure the rates associated with the specific attachment points and aggregate attachment points are actuarially sound and are not against the public interest; and

(7) assure that stop-loss contracts include provisions to cover incurred and unpaid claims if a small employer plan terminates.

Enacted by Chapter 341, 2013 General Session