The board, in consultation with members of the committee, shall study and report at least every three (3) years to the Insurance Commissioner on the effectiveness of Sections 5 through 15 of this act. The report shall analyze the effectiveness of Sections 5 through 15 of this act in promoting rate stability, product availability, and coverage affordability. The report may contain recommendations for actions to improve the overall effectiveness, efficiency and fairness of the small group health insurance marketplace. The report shall address whether carriers and agents are fairly and actively marketing or issuing health benefit plans to small employers in fulfillment of the purposes of Sections 5 through 15 of this act. The report may contain recommendations for market conduct or other regulatory standards or action.

Laws 1994, HB 2256, c. 211, § 11, emerg. eff. July 1, 1994.