2004 Minnesota Statutes

     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. 

    HIST: 1992 c 549 art 2 s 6; 1994 c 625 art 10 s 38