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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  2019-00307


CCR details

Tracking Number 2019-00307
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 06/30/2019
Rule ProposedRuleAttach2019-00307.doc
Statutory Authority 10-1-109(1), 10-16-109, and 10-16-1104(1)(i), C.R.S.
Description of Subjects/Issues The purpose of this regulation is to establish the payment parameters, including the attachment point, coinsurance rate, and program cap, for the Colorado reinsurance program. Establishing these payment parameters ensures that carriers are able to file rates that reflect the impact of the reinsurance program on claims costs. This regulation replaces Colorado Emergency Regulation 19-E-01 in its entirety.
Purpose/Objective of Rule The purpose of this regulation is to establish the payment parameters, including the attachment point, coinsurance rate, and program cap, for the Colorado reinsurance program. Establishing these payment parameters ensures that carriers are able to file rates that reflect the impact of the reinsurance program on claims costs. This regulation replaces Colorado Emergency Regulation 19-E-01 in its entirety.
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation? No
Hearing Date 08/01/2019
Hearing Time 02:00 PM
Hearing Location Department of Regulatory Agencies - 1560 Broadway, STE 110D, 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

Adopted rule

Adopted Rules AdoptedRules02019-00307.doc
Redline Redline2019-00307.doc
Adopted Date 08/12/2019
AGO requested date 08/15/2019
Attorney General Opinion 08/23/2019
Colorado Register publication date 09/10/2019
Effective Date 10/01/2019