Life and Health Product Review
The Life and Health Product Review Unit ensures that all Life and Health
policy forms and rates are in compliance with Florida Statutes and
regulation. Chapters 627 and 641, Florida Statutes, are the principal
statutes within the Insurance Code that govern the Unit's reviews. Applicable
rules within the Florida Administrative Code also serve to guide these
review processes. The primary function of the Unit is to review and act upon
policy form and rate filings received from health and life insurance
companies, health maintenance organizations and related entities. As each
filing is received, it is reviewed to determine compliance with applicable
actuarial standards, statutory provisions, and administrative rules.
The Unit is also responsible for the actuarial review of most health
insurance rates to ensure that premiums are reasonable in relation to
benefits as required by the Florida Insurance Code. Of key importance is
assuring that rates are not inadequate, excessive, or unfairly
discriminatory.
(850) 413-3152