1. (1) The purpose of this rule is to:

   1. (a) provide the content of a stop-loss insurance policy disclosure;
   2. (b) define prohibited lasering practices; and

   3. (c) establish the procedure for filing:

      1. (i) a rate and form filing and;

      2. (ii) a report filing, including:

         1. (A) the insurer's stop-loss experience;
         2. (B) an actuarial certification of compliance; and
         3. (C) an actuarial memorandum regarding the actuarial certification of compliance.
2. (2) This rule applies to an insurer marketing or offering a small employer stop-loss contract.

KEY: small employer stop-loss

Date of Last Change: May 9, 2023

Notice of Continuation: March 7, 2024

Authorizing, and Implemented or Interpreted Law: 31A-43-304; Title 31A, Chapter 43