The commissioner may adopt administrative rules in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, to: (1) implement this chapter; (2) define lasering practices that are prohibited by this chapter; (3) establish the form and manner of the actuarial certification and the annual report on stop-loss experience required by Section 31A-43-302; (4) establish the form and manner of the disclosure required by Section 31A-43-303; (5) assure the rates associated with the specific attachment points and aggregate attachment points are actuarially sound and are not against the public interest; and (6) assure that stop-loss contracts include provisions to cover incurred and unpaid claims if a small employer plan terminates.
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