33-22-2205. Rulemaking.
114 words·~1 min read·
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33-22-2205 . Rulemaking.
(1)The commissioner of securities and insurance shall adopt rules to implement the provisions of this part.
(a)The commissioner shall define by rule:
(i)expenditures for clinical dental services;
(ii)activities that improve dental care quality; and
(iii)overhead and administrative cost expenditures.
(b)Activities conducted by an issuer intended to improve dental care quality may not exceed 5% of net premium revenue.
(3)The definitions promulgated by rule pursuant to this section must be consistent with similar definitions that are used for the reporting of medical loss ratios by insurers offering health insurance coverage in the state. Overhead and administrative costs may not be included in the numerator.