WSR 16-10-048 PREPROPOSAL STATEMENT OF INQUIRY OFFICE OF INSURANCE COMMISSIONER [Insurance Commissioner Matter No. R 2016-06—Filed April 29, 2016, 3:51 p.m.]
Subject of Possible Rule Making: Rating requirements (SSB 6536).
Statutes Authorizing the Agency to Adopt Rules on this Subject: SSB 6536 (chapter 156, Laws of 2016, March 31, 2016, effective date), RCW 48.02.060.
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The legislature passed SHB [SSB] 6536 during the 2016 session. The bill requires the office of insurance commissioner (OIC) to standardize the rating requirements for large group disability plans, stand-alone dental plans and stand-alone vision plans, making the rating requirements for these plans the same as the rating requirements for health care service contractors and health maintenance organizations. OIC needs to do rule writing to implement the requirements of the bill.
Process for Developing New Rule: Submit written comments by June 17, 2016, to rulescoordinator@oic.wa.gov, fax (360) 586-3109.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Bianca Stoner, P.O. Box 40258, Olympia, WA 98504-0258, rulescoordinator@oic.wa.gov.
April 29, 2016
Mike Kreidler
Insurance Commissioner
|