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Office of the Revisor of Statutes

SF 2681 Senate Long Description

Relating to health insurance; modifying certain standards and reducing the time limit for commissioner of commerce approval or disapproval of policy rates or forms; eliminating certain minimum loss ratio requirements; increasing geographic premium variations and the allowable premium rate for health carrier individual market regulation purposes; regulating health maintenance contract (HMO) enrollee cost sharing requirements; defining new business premium rate, modifying renewal requirements and increasing geographic premium variations under small employer health insurance regulation provisions; requiring the task force on small business health insurance to study the impact of geographic premium variations and report to the legislature by a certain date, extending the expiration date of the task force(mk)