62A.024 EXPLANATIONS OF RATE INCREASES; ATTRIBUTION TO STATUTORY
CHANGES.
If any health carrier, as defined in section
62A.011, informs a policyholder or contract holder
that a rate increase is due to a statutory change, the health carrier must disclose the specific
amount of the rate increase directly due to the statutory change and must identify the specific
statutory change. This disclosure must also separate any rate increase due to medical inflation or
other reasons from the rate increase directly due to statutory changes in this chapter, chapter 62C,
62D, 62E, 62H, 62J, 62L, or 64B.
History: 1993 c 345 art 5 s 4