(1) A covered carrier shall make the information described in Subsection (2) available:
(a) to:
(i) a small employer; or
(ii) an individual; and
(b)
(i) at the time of solicitation; or
(ii) upon the request of:
(A) a small employer; or
(B) an individual;
(c) as part of the covered carrier's solicitation and sales materials.
(2) The following information is required to be disclosed or made available under Subsection (1):
(a) the provisions of the coverage concerning the covered carrier's right to change premium rates; and
(b) the factors that may effect changes in premium rates;
(c) the provisions of the coverage relating to renewability of coverage; and
(d) the provisions of the coverage relating to any preexisting condition exclusion.