Utah Administrative Code (Current through November 1, 2019) |
R590. Insurance, Administration |
R590-199. Plan of Orderly Withdrawal Rule Relating to Health Benefit Plans |
R590-199-2. Purpose
Latest version.
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This rule is drafted for the purposes of maintaining a health benefit plan market that is stable, fair, and efficient for individuals and small employers and ensuring and maintaining increased access for individuals and small employers to health coverage. It promotes an orderly process by which an insurer can elect to nonrenew health benefit plan coverages without unreasonable disruption to the health insurance market.