R590-220-13

R590-220-13. Additional Procedures for Long-Term Care Insurance Products

Last amended: 2024Length: 115 wordsOfficial source

Cite as Utah Admin. Code R590-220-13

(1)(a) An insurer filing a long-term care insurance filing shall comply with: (i) Title 31A, Chapter 22, Part 14, Long-Term Care Insurance Standards; and (ii) Rule R590-148. (b) A long-term care insurance form filing that affects rates shall be filed with all required rating documentation. (2) Rates. (a) Rate and rate documentation submitted with a new form filing are a file and use filing. (b) A rate revision filing is a file for acceptance filing. (c) A long-term care insurance rate shall comply with Rule R590-148. (d) An insurer may not use or change a premium rate for a long-term care insurance policy or certificate unless the rate, rating schedule, and supporting documentation are filed.
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