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Section 56-51-113 - Rates for subscribers - Requirements — Tennessee Law | CourtGPT
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  3. Tennessee/
  4. Title 56 - Insurance (§§ 56-1-101 — 56-61-125)/
  5. Chapter 51 - Tennessee Prepaid Limited Health Service Organization Act of 2000/
  6. Section 56-51-113 - Rates for subscribers - Requirements
Tennessee Legal Code

Section 56-51-113 - Rates for subscribers - Requirements

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(a) The rates charged by any prepaid limited health service organization to its subscribers shall not be excessive, inadequate, or unfairly discriminatory. The department may require whatever information it deems necessary to determine that a rate or proposed rate meets the requirements of this section.(b) In determining whether a rate is in compliance with subsection (a), the department must take into consideration the limited services provided, the method in which the services are provided, and the method of provider payment. This section may not be construed as authorizing the department to establish by rule minimum loss ratios for prepaid limited health service organizations' rates.Acts 2000, ch. 948, § 13.