This filing was published in the 09/15/2008, issue, Vol. 2008, No. 18, of the Utah State Bulletin.
Mandatory Fraud Reporting Rule
NOTICE OF PROPOSED RULE
DAR File No.: 31903
Filed: 08/28/2008, 12:02
Received by: NL
Purpose of the rule or reason for the change:
The purposes of this rule are to describe the required elements in a mandatory fraud report and establish a reporting process for insurance fraud reports.
Summary of the rule or change:
This rule describes the elements in the mandatory fraud report and establishes a reporting process.
State statutory or constitutional authorization for this rule:
Sections 31Al-2-201 and 31A-31-110
Anticipated cost or savings to:
the state budget:
This rule will not result in additional income or expense to the state or the Insurance Department. Insurers are required by Utah law to report suspected fraud. This rule merely establishes the required information to be reported and to whom the report should be submitted. As a result of this rule, there will be no fiscal impact on the state or department's budget.
This rule will have no effect on local governments since it deals with the relationship between the department and its licensees.
small businesses and persons other than businesses:
This rule does not affect small business. They are not required to report.
Compliance costs for affected persons:
It is expected that insurers doing business in Utah will be able to prepare this report easily and with their current staff. The report is comprised of four simple questions. Consumers should feel no impact from this rule in regard to their benefits or premiums.
Comments by the department head on the fiscal impact the rule may have on businesses:
This rule will have no fiscal impact on businesses. D. Kent Michie, Commissioner
The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:Insurance
Room 3110 STATE OFFICE BLDG
450 N MAIN ST
SALT LAKE CITY UT 84114-1201
Direct questions regarding this rule to:
Jilene Whitby at the above address, by phone at 801-538-3803, by FAX at 801-538-3829, or by Internet E-mail at email@example.com
Interested persons may present their views on this rule by submitting written comments to the address above no later than 5:00 p.m. on:
This rule may become effective on:
Jilene Whitby, Information Specialist
R590. Insurance Administration.
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For questions regarding the content or application of this rule, please contact Jilene Whitby at the above address, by phone at 801-538-3803, by FAX at 801-538-3829, or by Internet E-mail at firstname.lastname@example.org
For questions about the rulemaking process, please contact the Division of Administrative Rules (801-538-3764). Please Note: The Division of Administrative Rules is NOT able to answer questions about the content or application of these administrative rules.
Last modified: 09/11/2008 1:36 PM