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This document provides the premium rate schedule for the SimplyBlue Plus Gold 1 health insurance plan effective from January 1, 2016, to March 31, 2016. It outlines coverage details, costs, and benefits associated with the plan, including rates for various coverage options like single, subscriber & spouse, and family. Additionally, the document includes information regarding preventive healthcare services, prescription drug coverage, and limits for out-of-pocket expenses.
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What is premium rate schedule?
A premium rate schedule is a document that outlines the rates charged for insurance policies, indicating the amounts that policyholders will pay for different types of coverage.
Who is required to file premium rate schedule?
Insurance companies and providers who offer certain types of insurance coverage are typically required to file a premium rate schedule with the regulatory authority in their jurisdiction.
How to fill out premium rate schedule?
To fill out a premium rate schedule, an insurer must provide detailed information about the coverage offered, including the rates, the types of policies, and any relevant underwriting criteria, usually following a prescribed format from the regulatory authority.
What is the purpose of premium rate schedule?
The purpose of a premium rate schedule is to ensure transparency in pricing, enable regulatory oversight, and help consumers understand and compare insurance costs.
What information must be reported on premium rate schedule?
The premium rate schedule must report information such as the types of insurance policies, corresponding premiums, policy limits, deductibles, and any relevant coverage details.
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