5609818, 69O-149.003 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 5609818

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

FILING OF FORMS AND RATES FOR LIFE/HEALTH INSURANCE

Overview

RULE:

69O-149.003	Rate Filing Procedures
69O-149.005	Reasonableness of Benefits in Relation to Premiums
69O-149.007	Annual Rate Certification (ARC) Filing Procedures

PURPOSE:

To provide more pooling of cancer forms and to make a few clarifications to existing provisions.

SUMMARY:

Provides for more spreading of risk in cancer pools. All forms where more than half the benefits are attributable to cancer claims will be pooled, regardless of whether the benefits are paid on an indemnity or an expense basis.

RULEMAKING AUTHORITY:

624.424, 627.410 FS.

LAW:

627.9175 FS.

PRINT PUBLISH DATE:

5/30/2008 Vol. 34/22

COMMENTS:

From 5/30/2008 To 6/20/2008 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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