191—75.8(513C) Disclosure of information.
	75.8(1) General rules. In connection with the offering for sale of a health benefit plan to individuals, each carrier shall make a reasonable disclosure, as part of its solicitation and sales materials, of the following:
	a. 	The extent to which premium rates for a specified individual are established or adjusted in part based upon the actual or expected variation in claims costs or the actual or expected variation in health conditions of the individual and the individual’s dependents, if any.
	b. 	The provisions of such plan concerning the carrier’s ability to change premium rates and the factors, other than claim experience, which affect changes in premium rates.
	c. 	The provisions of such plan relating to the renewability of policies and contracts.
	d. 	The provisions of such plan relating to the effect of any preexisting condition provision. The expression “preexisting conditions” shall not be used unless appropriately defined in the policy or contract.
	e. 	The availability, upon request, of descriptive information about the benefits and premiums available under individual health benefit plans offered by the carrier for which the individual is qualified. For purposes of Iowa Code section 513C.7, carriers will be permitted to exclude from disclosure of plans those plans within the following categories:
	(1)	Plans distributed through a separate marketing channel.
	(2)	Plans offered through a membership association.
	(3)	Plans offered through a trust in which membership is otherwise limited.
	(4)	Other plans as reviewed and approved by the commissioner or director.
	75.8(2) Information shall be provided under this rule in a manner determined to be understandable by the average individual and shall be accurate and sufficiently comprehensive to reasonably inform individuals of their rights and obligations under the plan.
Nothing in this rule supersedes the requirements for outlines of coverage for individual health insurance policies under rule 191—36.7(514D).
[ARC 3682C, IAB 3/14/18, effective 4/18/18]