31A-30-106.5. Conversion policy -- Premiums -- Rating restrictions.
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31A-30-106.5. Conversion policy -- Premiums -- Rating restrictions.
(1)Section 31A-30-106 applies to conversion policies.
(2)Conversion policy premium rates may not exceed by more than 35% the index rate for small employers with similar case characteristics for any class of business in which the policy form has been filed.
(3)An insurer may not consider pregnancy of a covered insured in determining its conversion policy premium rates.
Amended by Chapter 284 , 2011 General Session