Code of Virginia § 38.2-3434. Disclosure of information.
136 words·~1 min read·
/va/title-38-2/chapter-34/38-2-3434·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any health insurance issuer offering health insurance coverage to a employer shall make a reasonable disclosure of the availability of information to such an employer, as part of its solicitation and sales materials, and upon request of such an employer, information concerning:
(i)the provisions of such coverage concerning the health insurance issuer's right to change premium rates and the factors that may affect changes in premium rates;
(ii)the provisions of such coverage relating to renewability of coverage;
(iii)the provisions of such coverage relating to any preexisting condition exclusion; and
(iv)the benefits and premiums available under all health insurance coverage for which the employer is qualified.
A health insurance issuer is not required under this article to disclose any information that is proprietary and trade secret information.
1997, cc. 807 , 913 .