Document Type
Peach Sheet
Abstract
The Act adjusts the workers' compensation criteria defining risk, allowing lower rates for insurance companies with a history of fewer claims. Further, the Act allows people to retain their chosen health care professionals through their health maintenance organization when they are willing to pay higher rates. The Act also allows the Insurance Commissioner to establish criteria that will permit commercial insurance risks to be exempt from filing requirements, and requires the Insurance Commissioner to give more timely responses to requests for review of a policy cancellation or nonrenewal.
Recommended Citation
Georgia State University Law Review,
INSURANCE Department of Commissioner of Insurance: Require Insurance Commissioner to File Periodic Reports; Regulation of Rates, Underwriting Rules, and Related Organizations: Allow Upward Adjustments of Workers' Compensation Insurance Ratings; Health Maintenance Organizations: Allow HMO Member to Retain Preferred Physician; Insurance Generally: Change Review Process for Cancellation or Failure to Renew Policy,
13
Ga. St. U. L. Rev.
(2012).
Available at:
https://readingroom.law.gsu.edu/gsulr/vol13/iss1/44