If any health carrier, as defined in section 62A.011 , informs a policyholder or contract holder that a rate increase is due to a statutory change, the health carrier must disclose the specific amount of the rate increase directly due to the statutory change and must identify the specific statutory change. This disclosure must also separate any rate increase due to medical inflation or other reasons from the rate increase directly due to statutory changes in this chapter, chapter 62C, 62D, 62E, 62H, 62J, 62L, or 64B.
Minn. Stat. § 62A.024
EXPLANATIONS OF RATE INCREASES; ATTRIBUTION TO STATUTORY CHANGES.
Known as the Equal Access to Acupuncture Act
The act spans §§ 62A.01 to 62A.3098 (79 sections).
1993 c 345 art 5 s 4
Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.