31A-30-111.   Limitations on high risk enrollees.
     (1) (a) The requirements of this chapter do not apply to any carrier that is currently in a state of supervision, insolvency, or liquidation.
     (b) If a carrier demonstrates to the satisfaction of the commissioner that the requirements of this chapter would place the carrier in a state of supervision, insolvency, or liquidation the commissioner may waive or modify the requirements of Sections 31A-30-108 and 31A-30-110.
     (2) (a) A modification or waiver by the commissioner under Subsection (1)(b) shall be effective for a period of not more than one year.
     (b) At the end of the period described in Subsection (2)(a), a carrier is subject to Sections 31A-30-108 and 31A-30-110 unless the carrier demonstrates to the satisfaction of the commissioner the need for a modification or waiver in accordance with Subsection (1)(b).
     (3) Notwithstanding the requirements of this chapter, a carrier may deny health benefit plan coverage in the small employer and individual market if the carrier demonstrates to the satisfaction of the commissioner that the carrier:
     (a) does not have the financial reserves necessary to underwrite additional coverage;
     (b) is applying this section uniformly to all small employers and individuals without regard to:
     (i) any health status-related factor of the individuals; or
     (ii) whether the individuals are eligible individuals.

Amended by Chapter 308, 2002 General Session
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Last revised: Thursday, May 28, 2009