Utah Admin. Code R590-220-14 - Additional Procedures for Limited Long-Term Care Insurance Products
(1)
(a) An
insurer filing a limited long-term care insurance filing shall comply with:
(i) Title 31A, Chapter 22, Part 20, Limited
Long-Term Care Insurance Act; and
(ii) Rule R590-285.
(b) A limited 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 limited
long-term care insurance rate shall comply with Rule R590-285.
(d) An insurer may not use or change a
premium rate for a limited long-term care insurance policy or certificate
unless the rate, rating schedule, and supporting documentation are
filed.
Notes
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