§431:14G-104 - Rate adjustment mandates. - Hawaii Statutes

     [§431:14G-104]  Rate adjustment mandates.  (a)  Except as otherwise provided by law, the commissioner may mandate filings for health insurance under section 431:14G-105 when the commissioner has actuarially sound information that current rates may be excessive, inadequate, or unfairly discriminatory.

     (b)  Managed care plans shall submit the rate filings within one hundred twenty days of the commissioner's mandate.

     (c)  The rate filings shall be subject to the rate filing requirements under section 431:14G-105. [L 2007, c 175, pt of §2]