Compilation of Rules and Regulations of the State of Georgia
Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER
Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE
Subject 120-2-101 - CHILD ONLY INDIVIDUAL HEALTH COVERAGE
Rule 120-2-101-.05 - Policy Form and Rate Submissions in SERFF
Current through Rules and Regulations filed through September 23, 2024
(1) Insurers are required to submit all proposed form and rate filings in the SERFF filing system for advance approval.
(2) Insurers shall pay all appropriate policy form and rate filing fees, as normally required.
(3) Insurers shall mark such SERFF policy form and rate filings in cover letter materials as child-only coverage and prominently reference "child-only" in appropriate descriptions to ensure the recognition and timely attention necessary for compliance with these product offering requirements.
(4) Insurers should include specialized child-only application and enrollment forms with policy form and rate filings. Such applications should make appropriate provisions for parent or guardian authorization and completion of applicant identifying and other relevant information by parent or guardian on behalf of any minor applicant.
(5) Policy form filed materials should make appropriate reference to the temporary nature of the 2013 child-only Georgia individual health coverage program. Insurers should pay specific attention to and address the following issues:
The items above are appropriate provisions to include in proposed policy materials, endorsements and other parts of the individual health coverage contract for this program.
(6) Specimen Notices as required in O.C.G.A. 33-29B-6 regarding open enrollment opportunity, open enrollment dates, qualifying event references and the proposed plan to display these on the insurer's website should be submitted as part of the policy form and rate filings.
