R590-277-2. Purpose and Scope

(1) The purpose of this rule is to: (a) standardize and simplify the terms and coverage of a managed care health benefit plan; (b) facilitate public understanding and comparison of coverage; (c) prohibit use of a provision that is misleading or confusing in connection with the purchase of coverage or the settlement of a claim; (d) set minimum coverage requirements; and (e) provide for full disclosure in the sale of insurance. (2) This rule applies to a health benefit plan issued by a managed care organization. (3) This rule does not apply to short-term limited duration health insurance subject to Rule R590-286.