31A-22-602 - Premium rates.

31A-22-602. Premium rates.
(1) This section does not apply to group accident and health insurance.
(2) The benefits in an accident and health insurance policy shall be reasonable in relationto the premiums charged.
(3) The commissioner shall prohibit the use of an accident and health insurance policyform or rates if the form or rates do not satisfy Subsection (2).

Amended by Chapter 308, 2002 General Session