31A-45-103.  Managed care contract standards.
     The commissioner shall adopt rules relating to standards for the manner and content of policy provisions, and disclosures to be made in connection with the sale of policies covered by this chapter, dealing with at least the following matters:

(1)	terms of renewability;

(i)	a risk distributing arrangement providing for compensation or replacement for damages or loss through the provision of a service or a benefit in kind;

(ii)	a contract of guaranty or suretyship entered into by the guarantor or surety as a business and not as merely incidental to a business transaction; and

(iii)

a plan in which the risk does not rest upon the person who makes an arrangement, but with a class of persons who have agreed to share the risk. See Utah Code 31A-1-301 Policy: includes a service contract issued by: (i)  a motor club under Chapter 11, Motor Clubs; (ii)  a service contract provided under Chapter 6a, Service Contracts; and (iii)  a corporation licensed under: (A)  Chapter 7, Nonprofit Health Service Insurance Corporations; or (B)  Chapter 8, Health Maintenance Organizations and Limited Health Plans. See Utah Code 31A-1-301 (2)  initial and subsequent conditions of eligibility; (3)  nonduplication of coverage provisions; (4)  coverage of dependents; (5)  termination of insurance; (6)  limitations; (7)  exceptions; (8)  reductions; (9)  definition of terms; and (10)  rating practices. Enacted by Chapter 292, 2017 General Session   Previous section Next section    Part 1 Contents