Utah Admin. Code R590-148-27 - Discretionary Powers of the Commissioner
The commissioner may, upon written request and after a hearing, issue an order modifying or suspending a provision of this rule upon a finding that:
(1) the modification or
suspension is in the best interest of the insured;
(2) the purpose of the provision cannot be
effectively or efficiently achieved without the modification or suspension;
and
(3) one of the following:
(a) the modification or suspension is
necessary to the development of an innovative, reasonable approach for insuring
long-term care;
(b) the policy or
certificate will be issued to residents of a life care or continuing care
retirement community, or some other residential community for the elderly, and
the modification or suspension is reasonably related to the special needs or
nature of the community; or
(c) the
modification or suspension is necessary to permit long-term care insurance to
be sold as part of, or in conjunction with, another insurance
product.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.