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Code of Colorado Regulations eDocket
Official Publication of the State Administrative Rules (24-4-103(11) C.R.S.)

Details of Tracking Number  2008-01172


CCR details

Tracking Number 2008-01172
Type of Filing Permanent Rule
Department 700 Department of Regulatory Agencies
Agency 702 Division of Insurance
CCR Number 3 CCR 702-4
CCR Title LIFE, ACCIDENT AND HEALTH

Proposed rule

Notice Filed with SOS 10/31/2008
Rule ProposedRuleAttach2008-01172.RTF
Additional Information AddInfoAttach2008-01172.RTF
Statutory Authority 10-1-109, C.R.S.
Description of Subjects/Issues Preneed Life Insurance Minimum Mortality Standards for Determining Reserve Liabilities and Nonforfeiture Values and Premium Rate Setting for Small Group Health Plans/ Premium Rate Setting for Small Group Health Plans
Purpose/Objective of Rule The purpose of regulation 4-6-7 is to establish and implement rules for setting premiums for small group health benefit plans. The purpose of regulation 4-1-15 is to establish, for preneed insurance products, minimum mortality standards for reserves and nonforfeiture values, and to require the use of the Commissioners' 1980 Standard Ordinary Mortality Table for use in determining the minimum standard of valuation of reserves and the minimum standard nonforfeiture values for preneed insurance products.
Comments Please forward both of the attached rules to Sueanna Johnson. There are two separate regulation attached to this tracking number. SOS NOTE - Includes Tracking #s 2008-01173, -74, -75, -77, -78
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation?
Hearing Date 12/09/2008
Hearing Time 02:00 PM
Hearing Location 1560 Broadway, Ste 850, Denver CO, 80202, conf. rm. B
Contact Name Christine Gonzales-Ferrer
Contact Title Compliance Assistant
Contact Telephone 303-894-2157
Contact email christine.gonzales-ferrer@dora.state.co.us

Adopted rule

Adopted Rules AdoptedRules02008-01172.DOC AdoptedRules12008-01172.DOC
Adopted Date 12/17/2008
AGO requested date 12/17/2008
Attorney General Opinion 12/22/2008
Effective Date 02/01/2009
Inserted into CCR 02/02/2009