Proposed Rules and Public Comment

Proposed Rules - Insurance and Healthcare

Proposed Rules - Banking

Proposed Rules - Captive Insurance

Proposed Rules - Securities

Proposed Rules

Insurance and Healthcare

Reg. H-2009-02, Health Care Stop Loss Insurance

This regulation applies to each health care stop loss insurance policy or contract that is delivered or issued for delivery by an insurer in Vermont. The proposed amendments to the rule: 1) increase minimum annual attachment points for claims incurred per individual; 2) increase the minimum annual aggregate attachment points; and 3) limit higher attachment points for any individual or group of individuals within small employer groups to three times the attachment point chosen for the policy.

Public Hearing and Comments

Due to a technical problem, most stakeholders were unable to attend the May 17, 2021 hearing to address the Department’s proposed changes to the Stop Loss Rule. The Department is therefore scheduling a second hearing on June 9, 2021 at 11:00 a.m via Microsoft Teams. Interested parties may attend the hearing using this link, or calling in by phone at +1 802-828-7667, Phone Conference ID: 968 334 889#.

Public comment period ends: June 7, 2021
Sebastian Arduengo (Sebastian.Arduengo@vermont.gov) is taking public comment.

Documents

Emergency Rule H-2020-06-E

This emergency rule rescinds and supersedes the provisions of Rules H-2020-02-E, H-2020-03-E, and H-2020-04-E, and Insurance Bulletins #209 and #214. The purposes of H-2020-06-E are to:

  • expand health insurance coverage for, and waive or limit cost-sharing requirements directly related to, COVID-19 diagnosis, treatment, and prevention;
  • suspend health insurance plan deductible requirements for all prescription drugs, except to the extent that such an action would disqualify a high-deductible health plan from eligibility for a health savings account pursuant to 26 U.S.C. § 223; and
  • expand patients’ access to and providers’ reimbursement for health care services, including preventive services, consultation services, and services to new patients, delivered remotely through telehealth, audio-only telephone, and brief telecommunication services.

Emergency Rule H-2020-05-E

The purpose of this emergency rule is to expand health insurance coverage for COVID-19 diagnosis, treatment and prevention by relaxing provider credentialing requirements in order to facilitate the reimbursement through commercial insurance for health care services provided by physicians or other health care professionals who hold an equivalent license in another State or who provide care at physical locations where such health care providers are not credentialed. 

Emergency Rule H-2020-01-E

This emergency rule is promulgated pursuant to 18 V.S.A. § 9414 and 8 V.S.A. § 15 and in response to the State of Emergency declared by the Governor of the State of Vermont on March 16, 2020 regarding the outbreak of COVID-19.  The purpose of this emergency rule is to relax provider credentialing requirements in order to facilitate the reimbursement through commercial insurance during the State of Emergency for health care services provided by physicians or other health care professionals who hold an equivalent license in another State.

Banking

Currently, there are no proposed rules for the Banking Division. 

Captive Insurance

Currently, there are no proposed rules for the Captive Insurance Division. 

Securities

Currently, there are no proposed rules for the Securities Division. 

Other Public Comment Opportunities

No other comment opportunities available at this time. 

Contact Information

Department of Financial Regulation
Consumer Services 
89 Main Street, Montpelier, VT 05620 - 3101

802-828-3301
833-DFR-HOTLINE (toll free)
833-337-4685 (toll free)

Public Information
For public records, media inquiries, and press releases visit our Public Information web page

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Employee Information