§ 27-50-9. Periodic market evaluation.
Within three (3) months after March 31, 2002, and every thirty-six (36) months after this, the director shall obtain an independent actuarial study and report. The director shall assess a fee to the health plans to commission the report. The report shall analyze the effectiveness of the chapter in promoting rate stability, product availability, and coverage affordability. The report may contain recommendations for actions to improve the overall effectiveness, efficiency, and fairness of the small group health insurance marketplace. The report shall address whether carriers and producers are fairly actively marketing or issuing health benefit plans to small employers in fulfillment of the purposes of the chapter. The report may contain recommendations for market conduct or other regulatory standards or action.
History of Section.P.L. 2000, ch. 200, § 9; P.L. 2000, ch. 229, § 10; P.L. 2003, ch. 120, § 1; P.L. 2003, ch. 286, § 1.
Structure Rhode Island General Laws
Chapter 27-50 - Small Employer Health Insurance Availability Act
Section 27-50-1. - Short title.
Section 27-50-3. - Definitions.
Section 27-50-4. - Applicability and scope.
Section 27-50-5. - Restrictions relating to premium rates. [Effective until January 1, 2023.]
Section 27-50-6. - Renewability of coverage.
Section 27-50-7. - Availability of coverage.
Section 27-50-8. - Certification of creditable coverage.
Section 27-50-9. - Periodic market evaluation.
Section 27-50-10. - Wellness health benefit plan.
Section 27-50-10.1. - Basic benefit health plan. [Expires December 31, 2010.]
Section 27-50-11. - Administrative procedures.
Section 27-50-12. - Standards to assure fair marketing.
Section 27-50-12.1. - Renewal rating.
Section 27-50-14. - Severability.
Section 27-50-15. - Restoration of terminated coverage.
Section 27-50-16. - Risk adjustment mechanism.
Section 27-50-17. - Affordable health plan reinsurance program for small businesses.
Section 27-50-18. - Special enrollment — Pregnancy. [Effective January 1, 2023.]