31A-30-102 - Purpose statement.
31A-30-102. Purpose statement.
The purpose of this chapter is to:
(1) prevent abusive rating practices;
(2) require disclosure of rating practices to purchasers;
(3) establish rules regarding:
(a) a universal individual and small group application; and
(b) renewability of coverage;
(4) improve the overall fairness and efficiency of the individual and small groupinsurance market;
(5) provide increased access for individuals and small employers to health insurance; and
(6) provide an employer with the opportunity to establish a defined contributionarrangement for an employee to purchase a health benefit plan through the Internet portal createdby Section 63M-1-2504.
Amended by Chapter 12, 2009 General Session