Minnesota Administrative Rules
Agency 120 - Commerce Department
Chapter 2745 - LONG-TERM CARE INSURANCE
Part 2745.0050 - ALTERNATIVE STANDARDS AND CERTIFICATION

Universal Citation: MN Rules 2745.0050
Current through Register Vol. 49, No. 13, September 23, 2024

If an insurer proposes standards other than those described in parts 2745.0020, 2745.0030, and 2745.0040, upon request the insurer shall provide to the department a detailed description of the proposed assessment methodology explaining how the assessment would reasonably be expected to produce reliable, valid, and clinically appropriate results. The insurer is responsible for demonstrating that the assessment is reliable, valid, and clinically appropriate and not less beneficial to the policyholder than the standards described in parts 2745.0020, 2745.0030, and 2745.0040. An officer of the insurance company shall provide a certification that, to the best of the officer's knowledge, the assessment methodology is reliable, valid, and clinically appropriate.

Statutory Authority: MS s 45.023; 62A.56

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