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 group insurance market; and
- (5) provide increased access for individuals and small employers to health insurance.
Amended by Chapter 292, 2017 General Session