Section 3.29.320. Premium rates.

Latest version.

Premium rates under a group-marketed plan must comply with AS 21.39. Rates are not unfairly discriminatory merely because different premiums result for policyholders with like loss exposures but different expense factors, or like expense factors but different loss exposures, as long as the rates reflect the differences with reasonable accuracy. Rates are not unfairly discriminatory if they are averaged broadly among persons insured under a group-marketed plan.

Authorities

21.06.090;21.36.190;21.39.020;21.39.030;21.39.040;21.39.130

Notes

Authority
 AS 21.06.090  
AS 21.36.190  
AS 21.39.020  
AS 21.39.030  
AS 21.39.040  
AS 21.39.130  
History Eff. 1/4/95, Register 133

                    
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