Section 500.3713 - Information offered upon request.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.3713 Information offered upon request.
Sec. 3713.
Each small employer carrier shall provide all of the following to a small employer upon request and upon entering into a contract with the small employer:
(a) The extent to which premiums for a specific small employer are established or adjusted due to any permitted characteristic and rating factors of the small employer's employees and the employees' dependents.
(b) The provisions concerning the carrier's right to change premiums, permitted characteristics, and any rating factors under this chapter that affect changes in premiums.
(c) The provisions relating to renewability of coverage.
History: Add. 2003, Act 88, Eff. Jan. 23, 2004
Popular Name: Act 218