Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
(1) A health care insurer may increase the health benefit plan charges for an individual policy, certificate, or contract previously issued by that insurer because of a change in the attained age of the insured. Increases in premium, certificate, or contract charges for individual policies, certificates, or contracts previously issued by that insurer, based on factors other than attained age, must be distributed proportionately across the block of business as defined in 33-22-241.
(2) As used in this section, the following definitions apply:
(a)(i) “Health benefit plan” means a hospital or medical policy or certificate providing for physical and mental health care issued by an insurance company, a fraternal benefit society, or a health service corporation or issued under a health maintenance organization subscriber contract.
(ii) Health benefit plan does not include:
(A) accident-only, credit, dental, vision, specified disease, medicare supplement, long-term care, or disability income insurance;
(B) coverage issued as a supplement to liability insurance, workers' compensation insurance, or similar insurance; or
(C) automobile medical payment insurance.
(b) “Health care insurer” or “insurer” means a disability insurer, a health service corporation, a health maintenance organization, or a fraternal benefit society.
(3) The provisions of Title 33, chapter 1, parts 3 and 7, apply to this section.
Cite this article: FindLaw.com - Montana Title 33. Insurance and Insurance Companies § 33-22-243. Premium increases to be distributed proportionately - last updated April 27, 2021 | https://codes.findlaw.com/mt/title-33-insurance-and-insurance-companies/mt-code-ann-sect-33-22-243.html
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 or via Westlaw before relying on it for your legal needs.
Was this helpful?