Sec. F-1. 24 MRSA §2321, sub-§1, as amended by PL 1997, c. 344, §6, is further amended to read:
1. Filing of rate information. Every nonprofit hospital and medical service organization shall file with the superintendent, except as to group subscriber and membership contracts other than group Medicare supplement contracts as defined in Title 24-A, chapter 67 and group nursing home or long-term care contracts as defined in Title 24-A, chapter 68, every rate, rating formula and every modification of any of the foregoing that it proposes to use in connection with individual health insurance contracts, group Medicare supplement contracts as defined in Title 24-A, chapter 67, group nursing home or long-term care contracts as defined in Title 24-A, chapter 68 or 68-A, and certain group contracts included within the definition of "individual health plan" in Title 24-A, section 2736-C, subsection 1, paragraph C. Every filing under this subsection must state the effective date of the filing. Every filing under this subsection must be made not less than 60 days in advance of the stated effective date unless the 60-day requirement is waived by the superintendent for a period of time not to exceed 30 days. In the case of a filing that meets the criteria in subsection 4, the superintendent may suspend the effective date for a longer period not to exceed 30 days from the date the organization satisfactorily responds to any reasonable discovery requests. In the case of nursing home and long-term contracts, rates filed are effective for no more than 3 years, except that rates for contracts with guaranteed level premiums are effective for the duration of the contract.
Sec. F-2. 24-A MRSA §2736, sub-§1, as amended by PL 1997, c. 344, §8, is further amended to read:
1. Filing of rate information. Every insurer shall file with the superintendent, except as to group policy rates other than those for group Medicare supplement policies as defined in chapter 67, and group nursing home care and long-term care insurance as defined in chapter 68, every rate, rating formula, classification of risks and every modification of any formula or classification that it proposes to use in connection with individual health insurance policies and certain group policies specified in section 2701. Every such filing must state the effective date of the filing. Every such filing must be made not less than 60 days in advance of the stated effective date, unless the 60-day requirement is waived by the superintendent, and the effective date may be suspended by the superintendent for a period of time not to exceed 30 days. In the case of a filing that meets the criteria in subsection 3, the superintendent may suspend the effective date for a longer period not to exceed 30 days from the date the organization satisfactorily responds to any reasonable discovery requests. In the case of nursing home care and long-term care insurance policies, rates filed are effective for no more than 3 years, except that rates for contracts with guaranteed level premiums are effective for the duration of the contract.
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