Sec.38a-528a-15. Reporting requirements

(a) Every insurer shall report annually by June 30 the number of certificates lapsed in the previous calendar year, the average total number of certificates in force during the preceding calendar year, and the resulting ratio.

(b) Every insurer shall report annually by June 30 the number of replacement certificates sold in the previous calendar year, the total number of certificates sold during the preceding calendar year, and the resulting ratio.

(c) Every insurer shall report annually by June 30 the number of replacement certificates sold in the previous calendar year, the average total number of certificates in force during the preceding calendar year, and the resulting ratio.

(d) Every insurer shall report annually by June 30 the number of rescissions of certificates, except those voluntarily effectuated by an insured, in the previous calendar year.

(e) For purposes of this section, “certificate” means certificate evidencing coverage under group short-term care policies and “report” means a report on a statewide and national basis.

(Effective August 24, 2018)