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DEPARTMENT OF REGULATORY AGENCIES Division of Insurance 3 CCR 7024 LIFE, ACCIDENT AND HEALTH Amended Regulation 4239 CONCERNING PREMIUM RATE SETTING FOR GRANDFATHERED INDIVIDUAL, SMALL AND LARGE GROUP
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Concerning premium rate setting refers to the process of determining the rates that insurance companies can charge for their policies.
Insurance companies are required to file concerning premium rate setting.
Insurance companies must provide detailed information about their costs, claims experience, and other relevant factors to fill out concerning premium rate setting forms.
The purpose of concerning premium rate setting is to ensure that insurance rates are fair and accurately reflect the risks involved.
Insurance companies must report information such as their expenses, claims history, and projected future losses on concerning premium rate setting forms.
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