A carrier may establish a separate class of individual business only to reflect substantial differences in expected claims experience or administrative costs related to the following reasons:

1. (1) The carrier used more than one type of system for the marketing and sale of health benefit plans to individuals; or
2. (2) The carrier has acquired a class of business from another carrier. A carrier may establish up to three separate classes of individual business under this section.

Source: SL 1996, ch 286 , § 6.