40-2209i. Same; carrier sales solicitations, disclosures required.
40-2209i
40-2209i. Same; carrier sales solicitations, disclosures required.From and after January 1, 1993: In connection with the offering for sale of anyhealth benefit plan to a small employer, each carrier shall make a reasonabledisclosure as part of its solicitation and sales materials, of:
(a) The extent to which premium rates for a specific small employer areestablished or adjusted in part based upon the actual or expected variation inclaims costs or actual or expected variation in health condition of theemployees and dependents of such small employer;
(b) the provisions concerning such carrier's right to change premiumrates and the factors other than claims experience which affect changes inpremium rates; and
(c) provisions relating to renewability of policies and contracts; and
(d) the provision relating to any pre-existing condition provision.
History: L. 1992, ch. 200, § 8; July 1.