58-18B-6. Disclosure in solicitation and sales materials. Each small employer carrier shall make reasonable disclosure in solicitation and sales materials provided to small employers of the following:
(1) The extent to which premium rates for a specific small employer are established or adjusted due to the claim experience, health status or duration of coverage of the employees or dependents of the small employer;
(2) The provisions concerning the carrier's right to change premium rates and the factors, including case characteristics, which affect changes in premium rates;
(3) A description of the class of business in which the small employer is or will be included, including the applicable grouping of plans; and
(4) The provisions relating to renewability of coverage.Source: SL 1991, ch 402, § 6.
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