§ 31A-30-102. Purpose statement. (Effective 5/13/2014)

Latest version.

The purpose of this chapter is to:

(1)	prevent abusive rating practices;

(2)	require disclosure of rating practices to purchasers;

(3)

establish rules regarding:

(a)	a universal individual and small group application; and

(b)	renewability of coverage;

(4)	improve the overall fairness and efficiency of the individual and small group insurance market;

(5)	provide increased access for individuals and small employers to health insurance; and

(6)	provide an employer with the opportunity to establish a defined contribution arrangement for an employee to purchase a health benefit plan through the Health Insurance Exchange created by Section 63M-1-2504.

Amended by Chapter 290, 2014 General Session
Amended by Chapter 300, 2014 General Session

                    
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