33-22-1808. Establishment of classes of business. (1) A small employer carrier may establish a separate class of business only to reflect substantial differences in expected claims experience or administrative costs that are related to the following reasons:
(a) The small employer carrier uses more than one type of system for the marketing and sale of health benefit plans to small employers.
(b) The small employer carrier has acquired a class of business from another small employer carrier.
(c) The small employer carrier provides coverage to one or more association groups that meet the requirements of 33-22-501(2).
(2) A small employer carrier may establish up to nine separate classes of business under subsection (1).
(3) The commissioner shall adopt rules to provide for a period of transition in order for a small employer carrier to come into compliance with subsection (2) in the case of acquisition of an additional class of business from another small employer carrier.
(4) The commissioner may approve the establishment of additional classes of business upon application to the commissioner and a finding by the commissioner that the action would enhance the fairness and efficiency of the small employer health insurance market.
History: En. Sec. 26, Ch. 606, L. 1993.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 22. Disability Insurance
Part 18. Small Employer Health Insurance Availability Act
33-22-1804. Applicability and scope
33-22-1805. through 33-22-1807 reserved
33-22-1808. Establishment of classes of business
33-22-1809. Restrictions relating to premium rates
33-22-1810. Renewability of coverage
33-22-1811. Availability of coverage -- required plans
33-22-1813. Standards to ensure fair marketing
33-22-1814. Restoration of terminated coverage
33-22-1815. Qualifications for voluntary purchasing pool
33-22-1816. Commissioner powers and duties -- application for registration -- reporting insolvency
33-22-1817. Collection of charges and premiums
33-22-1820. Periodic market evaluation -- report
33-22-1821. Waiver of certain laws
33-22-1822. Administrative procedure