7273562, 69O-156.003 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 7273562

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

MEDICARE SUPPLEMENT INSURANCE

Overview

RULE:

69O-156.003	Definitions
69O-156.005	Policy Provisions
69O-156.006	Minimum Benefit Standards for Pre-Standardized Medicare Supplement Benefit Plan, Policies or Certificates Issued for Delivery Prior to January 1, 1992
69O-156.007	Benefit Standards for 1990 Standardized Medicare Supplement Benefit Plan Policies or Certificates Issued or Delivered on or After January 1, 1992, and with an Effective Date for Coverage Prior to June 1, 2010.
69O-156.0075	Benefit Standards for 2010 Standardized Medicare Supplement Benefit Plan Policies or Certificates Issued for Delivery with an Effective Date for Coverage on or After June 1, 2010.
69O-156.008	Standard Medicare Supplement Benefit Plans for 1990 Standardized Medicare Supplement Benefit Plan Policies or Certificates Issued for Delivery on or After January 1, 1992, and with an Effective Date for Coverage Prior to June 1, 2010.
69O-156.0085	Standard Medicare Supplement Benefit Plans for 2010 Standardized Medicare Supplement Benefit Plan Policies or Certificates Issued for Delivery with an Effective Date for Coverage on or After June 1, 2010.
69O-156.0095	Guaranteed Issue for Eligible Persons
69O-156.011	Loss Ratio Standards and Refund or Credit of Premium
69O-156.012	Filing and Approval of Policies and Certificates and Premium Rates

PURPOSE:

To update this rule part, to allow for a new product generation by adopting revisions to the NAIC Model Regulation.

SUMMARY:

On September 24, 2008, the National Association of Insurance Commissioners (NAIC) adopted revisions to the NAIC Model Regulation to Implement the NAIC Medicare Supplement Insurance Minimum Standards Model Act. The revised NAIC model regulation includes major changes to Medicare Supplement plans and benefits first approved by the NAIC in March 2007, and authorized by the Medicare Improvements for Patients and Providers Act of 2008 (MIPPA). In addition, the model revisions contain changes required by the Genetic Information Nondiscrimination Act of 2008 (GINA).

RULEMAKING AUTHORITY:

624.308(1), 627.674(2) FS.

LAW:

627.671-.675 FS.

PRINT PUBLISH DATE:

6/19/2009 Vol. 35/24

COMMENTS:

From 6/19/2009 To 7/10/2009 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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