Code of Maine Rules
02 - DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION
031 - BUREAU OF INSURANCE
Chapter 745 - INDIVIDUAL HEALTH INSURANCE PILOT PROJECTS FOR PERSONS UNDER 30 YEARS OF AGE
Section 031-745-5 - PROCESS FOR SUBMITTING A PILOT PROJECT PROPOSAL
Current through 2024-38, September 18, 2024
An applicant for a pilot project proposal pursuant to 24-A M.R.S.A. §2736-C(10) must file with the Superintendent an application accompanied by an application fee of $20 and provide the following information:
1. A copy of the proposed plan of insurance;
2. A detailed description of all provider networks;
3. A rate filing for the plan;
4. An explanation of how the plan will be marketed;
5. The text of the notification to be provided enrollees pursuant to Section 6 of this Rule explaining the mandatory increase in plan benefits at age 30 and their guaranteed issue rights to purchase other individual health insurance plans without being subject to a pre-existing condition exclusion; and
6. A completed Bureau of Insurance pilot project review standards checklist.
