- (a) Except as provided in subsection (c) of this section, a carrier may not increase an individual's premium on an individual health benefit plan more frequently than once every 12 months.
- (b) An increase in an individual's premium described in subsection (a) of this section includes an increase due to the individual moving into a higher age band.
- (c) A carrier may increase an individual's premium on an individual health benefit plan more frequently than once every 12 months if the premium increase is due solely to the enrollment of a new family member to the individual health benefit plan of the individual.
Added by Acts 2010, c. 703, § 1, eff. Oct. 1, 2010.