Welcome to the
Office of Insurance
Regulation
Life and Health Product Review
Tel. (850)413-3152
The Life and Health Product Review ensures that all Life and Health
policy forms and rates are in compliance with Florida Statutes and
regulation. Chapters 627 and 641 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.