Utah Administrative Code
Topic - Insurance
Title R590 - Administration
Rule R590-215 - Permissible Arbitration Provisions for Individual and Group Health Insurance
Section R590-215-2 - Purpose and Scope

Universal Citation: UT Admin Code R 590-215-2

Current through Bulletin 2024-06, March 15, 2024

(1) The purpose of this rule is to:

(a) recognize arbitration as an acceptable method of alternative dispute resolution;

(b) provide guidelines for disclosure of a contract arbitration provision; and

(c) comply with the requirements outlined in Subsection 29 CFR 2560.503-1.

(2) This rule applies to an individual insurance policy and a group insurance policy issued or renewed on or after July 1, 2002 for:

(a) income replacement insurance; and

(b) a health benefit plan.

(3) Long-term care and Medicare supplement policies are not considered health benefit plans.

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