Utah Administrative Code (Current through November 1, 2019) |
R590. Insurance, Administration |
R590-85. Individual Accident and Health Insurance and Individual and Group Medicare Supplement Rates |
R590-85-1. Purpose and Authority
Latest version.
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The purpose of this rule is to implement Subsections 31A-22-605(4)(e) and 31A-22-620(3)(e) by establishing minimum loss ratios and implementing procedures for the filing of all individual accident and health insurance and all Medicare supplement premium rates, including the initial filing of rates, and any subsequent rate changes. This rule is promulgated pursuant to the authority vested in the commissioner by Subsections 31A-2-201(3)(a) and 31A-2-201.1.