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Current as of January 01, 2024 | Updated by Findlaw Staff
A small employer carrier shall make reasonable disclosure in solicitation and sales materials provided to small employers of all of the following:
1. The extent to which premium rates for a specific small employer are established or adjusted due to the claim experience, health status, or duration of coverage of the employees or dependents of the small employer.
2. The provisions concerning the small employer carrier's right to change premium rates and factors, including case characteristics, which affect changes in premium rates.
3. The provisions relating to any preexisting condition provision.
4. The provisions relating to renewability of coverage.
Cite this article: FindLaw.com - Iowa Code Title XIII. Commerce [Chs. 505-554D] § 513B.6. Disclosure of rating practices and renewability provisions - last updated January 01, 2024 | https://codes.findlaw.com/ia/title-xiii-commerce-chs-505-554d/ia-code-sect-513b-6/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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