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Vt. Stat. Ann. tit. 8, § 4062 - Filing and approval of policy forms and premiums under the banking and insurance law

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“Filing and approval of policy forms and premiums under the banking and insurance law”

Every policy of health insurance offered by a nonprofit hospital, medical service corporation, health maintenance organization, or a managed care organization and changes in premium rates must be approved by the Green Mountain Care board. Every health insurer must obtain approval from the commissioner of financial regulation regarding a health insurance policy’s form, premium rates, and classification of risks.

Related laws:

Vermont Administrative Code §21 020 013

Vermont Administrative Code §21 020 053

Vermont Administrative Code §21 040 018

 


Current as of June 2015