Stop-loss insurance disclosure.
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Law
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Utah Code
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Insurance Code
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Small Employer Stop-Loss Insurance Act
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Stop-Loss Insurance
- Stop-loss insurance disclosure.
- (1) the complete costs for the stop-loss contract;
- (2) the date on which the insurance takes effect and terminates, including renewability provisions;
- (3) the aggregate attachment point and the specific attachment point;
- (4) limitations on coverage;
- (5) an explanation of monthly accommodation and disclosure about any monthly accommodation features included in the stop-loss contract;
- (6) a description of terminal liability funding, including the cost of processing claims before and after the termination of the contract;
- (7) maximum claims liability to the employer; and
- (8) a summary of the policy.
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