| Notice Filed with SOS |
09/30/2013 |
| Rule |
ProposedRuleAttach2013-01045.DOC |
| Statutory Authority |
10-1-109 and 10-16-109 |
| Description of Subjects/Issues |
4-6-2 GROUP COORDINATION OF BENEFITS |
| Purpose/Objective of Rule |
The purpose of this regulation is to:
A. Permit, but not require, plans to include a coordination of benefits (COB) provision unless prohibited by federal law;
B. Establish a uniform order-of-benefit determination under which plans pay claims;
C. Provide authority for the orderly transfer of necessary information and funds between plans;
D. Reduce duplication of benefits by permitting a reduction of the benefits to be paid by plans that, pursuant to rules established by this regulation, do not have to pay their benefits first;
E. Reduce claims payment delays; and
F. Require that COB provisions be consistent with this regulation. |
| Comments |
Chris Maciejewski |
| Submitted in response to issues raised by COLS/OLLS? |
No
|
| Is this rule adopted in response to recent legislation? |
|
| Hearing Date |
11/01/2013 |
| Hearing Time |
01:00 PM |
| Hearing Location |
1560 Broadway, Ste 850, Denver CO 80202 |
| Contact Name |
Christine Gonzales-Ferrer |
| Contact Title |
Rulemaking Coordinator |
| Contact Telephone |
303-894-2157 |
| Contact email |
christine.gonzales-ferrer@state.co.us |