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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