(1) A covered carrier shall make the information described in Subsection (2) available:
(a) to:
- (i) a small employer; or
- (ii) an individual; and
(b)
- (i) at the time of solicitation; or
(ii) upon the request of:
- (A) a small employer; or
- (B) an individual;
- (c) as part of the covered carrier's solicitation and sales materials.
(2) The following information is required to be disclosed or made available under Subsection (1):
- (a) the provisions of the coverage concerning the covered carrier's right to change premium rates; and
- (b) the factors that may effect changes in premium rates;
- (c) the provisions of the coverage relating to renewability of coverage; and
- (d) the provisions of the coverage relating to any preexisting condition exclusion.
Enacted by Chapter 308, 2002 General Session