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Chapter 62L
Section 62L.06
Topics
Recent History
- 2013 62L.06 Amended 2013 c 84 art 1 s 55
- 1994 62L.06 Amended 1994 c 625 art 10 s 38
This is an historical version of this statute chapter. Also view the most recent published version.
62L.06 DISCLOSURE OF UNDERWRITING RATING PRACTICES.
When offering or renewing a health benefit plan, health carriers shall disclose in all
solicitation and sales materials:
(1) the case characteristics and other rating factors used to determine initial and renewal rates;
(2) the extent to which premium rates for a small employer are established or adjusted based
upon actual or expected variation in claim experience;
(3) provisions concerning the health carrier's right to change premium rates and the factors
other than claim experience that affect changes in premium rates;
(4) provisions relating to renewability of coverage;
(5) the use and effect of any preexisting condition provisions, if permitted;
(6) the application of any provider network limitations and their effect on eligibility for
benefits; and
(7) the ability of small employers to insure eligible employees and dependents currently
receiving coverage from the Comprehensive Health Association through health benefit plans.
History: 1992 c 549 art 2 s 6; 1994 c 625 art 10 s 38
When offering or renewing a health benefit plan, health carriers shall disclose in all
solicitation and sales materials:
(1) the case characteristics and other rating factors used to determine initial and renewal rates;
(2) the extent to which premium rates for a small employer are established or adjusted based
upon actual or expected variation in claim experience;
(3) provisions concerning the health carrier's right to change premium rates and the factors
other than claim experience that affect changes in premium rates;
(4) provisions relating to renewability of coverage;
(5) the use and effect of any preexisting condition provisions, if permitted;
(6) the application of any provider network limitations and their effect on eligibility for
benefits; and
(7) the ability of small employers to insure eligible employees and dependents currently
receiving coverage from the Comprehensive Health Association through health benefit plans.
History: 1992 c 549 art 2 s 6; 1994 c 625 art 10 s 38
Official Publication of the State of Minnesota
Revisor of Statutes