513B.6 Disclosure of rating practices and renewability provisions.
A small employer carrier shall make reasonable disclosure in solicitation and sales materials provided to small employers of all of the following:
1. The extent to which premium rates for a specific small employer are established or adjusted due to the claim experience, health status, or duration of coverage of the employees or dependents of the small employer.
2. The provisions concerning the small employer carrier’s right to change premium rates and factors, including case characteristics, which affect changes in premium rates.
3. The provisions relating to any preexisting condition provision.
4. The provisions relating to renewability of coverage.
91 Acts, ch 244, §6; 92 Acts, ch 1167, §10; 97 Acts, ch 103, §20, 21; 2017 Acts, ch 148, §39, 40
Structure Iowa Code
Chapter 513B - SMALL GROUP HEALTH COVERAGE
Section 513B.1 - Title — purpose.
Section 513B.3 - Applicability and scope.
Section 513B.4 - Restrictions relating to the premium rates.
Section 513B.4A - Exemption from premium rate restrictions.
Section 513B.5 - Provisions on renewability of coverage.
Section 513B.6 - Disclosure of rating practices and renewability provisions.
Section 513B.7 - Maintenance of records.
Section 513B.9A - Eligibility to enroll.
Section 513B.10 - Availability of coverage.
Section 513B.11 - Notice of intent to operate as a risk-assuming carrier or reinsuring carrier.
Section 513B.12 - Application to become a risk-assuming carrier.
Section 513B.13 - Small employer carrier reinsurance program.
Section 513B.14 - Health benefit plan standards.
Section 513B.15 - Periodic market evaluation.
Section 513B.16 - Applicability of certain state laws.
Section 513B.17 - Discretion of the commissioner.
Section 513B.17A - Restoration of terminated coverage.