Definitions

As used in Sections 38a-481-1 to 38a-481-9, inclusive, of the Regulations of Connecticut State Agencies, unless the context otherwise requires: (1) “Commissioner” means the Insurance Commissioner of the State of Connecticut. (2) “Department” means the Connecticut Insurance Department (3) “Excessive rate” means the rate is unreasonably high for the insurance provided. (4) “Experience period” means the most recent twelve-month period from which the insurer accumulates the data to support a rate filing. (5) “Form” means a policy of insurance against loss or expense from sickness, or from bodily injury or death by accident, or application, rider or endorsement used in connection therewith. (6) “Inadequate rate” means a rate that is unreasonably low for the insurance provided, and continued use of it would endanger solvency of the insurer. (7) “Insurer” means a health care center, as defined in Section 38a-175 of the Connecticut General Statutes, or an insurance company licensed by the Commissioner to write accident and health insurance. (8) “Loss ratio” has the same meaning as provided in Section 38a-481(a) of the Connecticut General Statutes. (9) “PPACA” means Patient Protection and Affordable Care Act, P.L. 111-148, as amended from time to time, and regulations adopted thereunder. (10) “SERFF” means the National Association of Insurance Commissioners' System for Electronic Rate and Form Filing. (11) “Unfairly discriminatory” means rating practices that reflect differences based on age, disability, race, ethnicity, gender, sexual orientation or health status that are not actuarially justified or otherwise prohibited by law. (12) “Utilization data” means the number of services used by a fixed number of covered persons, as defined in Section 38a-591a of the Connecticut General Statutes, over a fixed length of time.