No. 40271 (5-year Review): Rule R590-260. Utah Defined Contribution Risk Adjuster Plan of Operation

DAR File No.: 40271
Filed: 03/18/2016 10:33:23 AM

NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

Section 31A-42-204 states that the commissioner shall approve the plan of operation created by the Risk Adjuster Board if it is consistent with Title 31A, Chapter 42, and is a reasonable administration of the risk adjuster.

Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

The rule was recently updated, and no written comments were received during that process or previous to it.

Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

The rule adopts the Risk Adjuster Board Plan of Operation, which details business rules for Avenue H transitional plans. Therefore, this rule should be continued. The board is set to expire 12/31/2018.

The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:

Insurance
Administration
Room 3110 STATE OFFICE BLDG
450 N MAIN ST
SALT LAKE CITY, UT 84114-1201

Direct questions regarding this rule to:

• Steve Gooch at the above address, by phone at 801-538-3803, by FAX at 801-538-3829, or by Internet E-mail at [e-mail]

Effective:

03/18/2016

Authorized by:

Steve Gooch, Information Specialist

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