Florida Regulations 69O-203.042: Filing, Approval of Subscriber Contract and Related Forms
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(1) Every group or individual subscriber contract and every rider, endorsement, certificate, application, or other form to be used or issued in connection with any subscriber contract shall be filed by the PLHSO for approval by the Office before it may be delivered in this state, pursuant to the criteria in Florida Statutes § 636.018
(2) Every form required to be filed by the PLHSO shall be identified by a unique form number, placed in the lower left hand corner of each form.
(3) Filing Format for All Forms. PLHSOs in possession of a Certificate of Authority shall submit contract filings to the Office electronically through http://www.floir.com/iportal. A filing shall consist of one copy of each of the following items:
(a) A brief letter explaining the type and nature of the filing. The letter shall indicate if the filing is for a new product, or a resubmission. If the filing is a resubmission, the letter shall indicate when the previous filing was submitted, the Florida filing number, and the date of the disapproval.
(b) Form OIR-B2-1507, “”Office of Insurance Regulation, Life and Health Forms and Rates Universal Standardized Data Letter”” as adopted in Fl. Admin. Code R. 69O-149.022, completely filled out in accordance with Form OIR-B2-1507A, “”Office of Insurance Regulation, Life and Health Forms and Rates Universal Standardized Data Letter Instruction Sheet,”” as adopted by Fl. Admin. Code R. 69O-149.022
(c) The form being submitted by the PLHSO for approval.
(d) An actuarial memorandum consistent with the requirements of Fl. Admin. Code R. 69O-203.045
(e) Rate pages that define all proposed rates, rating factors, and methodologies for determining rates applicable in the state.
Rulemaking Authority 636.067 FS. Law Implemented 624.424, 636.016, 636.017, 636.018 FS. History-New 11-15-94, Amended 9-23-02, 6-19-03, Formerly 4-203.042, Amended 7-30-17.
Terms Used In Florida Regulations 69O-203.042
- Contract: A legal written agreement that becomes binding when signed.
(3) Filing Format for All Forms. PLHSOs in possession of a Certificate of Authority shall submit contract filings to the Office electronically through http://www.floir.com/iportal. A filing shall consist of one copy of each of the following items:
(a) A brief letter explaining the type and nature of the filing. The letter shall indicate if the filing is for a new product, or a resubmission. If the filing is a resubmission, the letter shall indicate when the previous filing was submitted, the Florida filing number, and the date of the disapproval.
(b) Form OIR-B2-1507, “”Office of Insurance Regulation, Life and Health Forms and Rates Universal Standardized Data Letter”” as adopted in Fl. Admin. Code R. 69O-149.022, completely filled out in accordance with Form OIR-B2-1507A, “”Office of Insurance Regulation, Life and Health Forms and Rates Universal Standardized Data Letter Instruction Sheet,”” as adopted by Fl. Admin. Code R. 69O-149.022
(c) The form being submitted by the PLHSO for approval.
(d) An actuarial memorandum consistent with the requirements of Fl. Admin. Code R. 69O-203.045
(e) Rate pages that define all proposed rates, rating factors, and methodologies for determining rates applicable in the state.
Rulemaking Authority 636.067 FS. Law Implemented 624.424, 636.016, 636.017, 636.018 FS. History-New 11-15-94, Amended 9-23-02, 6-19-03, Formerly 4-203.042, Amended 7-30-17.