R590-268-6. Form and Rate Filings

(1) An insurer shall file a stop-loss insurance contract and application with: (a) any related documents; (b) if altered, a disclosure as outlined in Section R590-268-4; and (c) a rate manual with an actuarial memorandum as outlined in Section R590-268-7. (2) A new or a revised rate filing shall: (a) include: (i) a summary of the rate calculation; (ii) geographic rating area factors applicable in Utah; (iii) a description of how the overall rate is compliant; and (iv) an actuarial certification signed by a qualified actuary; and (b) be filed no later than 30 days before use. (3) A stop-loss contract shall be consistently applied to each small employer. (4) A filing shall be submitted using SERFF.