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Code of Colorado Regulations eDocket

Details of Tracking Number  2013-00973


CCR details

Tracking Number 2013-00973
Type of Filing Emergency
Department 700 Department of Regulatory Agencies
Agency 702 Division of Insurance
CCR Number 3 CCR 702-4 Series 4-2
CCR Title LIFE, ACCIDENT AND HEALTH, Series 4-2

Proposed rule

Rule
Additional Information
Statutory Authority 10-1-109(1), 10-16-107 and 10-16-109, C.R.S. (2012).
Purpose/Objective of Rule The purpose of this regulation is to establish and implement rules for setting premiums for grandfathered individual, small group and large group plans. Article 16, as it existed prior to the effective date of HB 13-1266, applies to grandfathered health benefit plans, unless grandfathered health benefit plans are specifically addressed in Article 16 as amended by House Bill 13-1266. The Division of Insurance (Division) finds, pursuant to 24-4-103(6)(a), C.R.S., that immediate adoption of this regulation is imperatively necessary to ensure carrier compliance with recent changes to Colorado law concerning health benefit plan rating, to ensure that health insurance rates are not excessive, inadequate, or unfairly discriminatory, and to ensure that rating requirements are captured adequately in light of recent changes to Colorado insurance regulations due to the enactment HB 13-1266. Therefore, compliance with the requirements of 24-4-103, C.R.S., would be contrary to the public interest.
Comments Mike Conway
Submitted in response to issues raised by COLS/OLLS? No
Contact name Christine Gonzales-Ferrer
Contact title Rulemaking Coordinator
Contact telephone 303-894-2157
Contact email christine.gonzales-ferrer@state.co.us

Adopted rule

Adopted Rules
Adopted Date 09/16/2013
Attorney General Opinion 10/04/2013
Effective Date 09/16/2013
Inserted into CCR 10/10/2013