P.R. Laws tit. 26, § 9002
Guaranteeing the most effective regulation of the health insurance industry, including the regulation of those entities that offer group and individual health plans, is hereby adopted as public policy by the Government of Puerto Rico. As part of this public policy, it is vital to comply with the rules set forth under the Federal Health Reform and implemented through the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act. Likewise, in the Commonwealth, it is necessary to gather and standardize to the extent possible, all the legal norms that shall apply to such an important industry, which has experienced an unprecedented growth in the past years, into one new law to be known as the Puerto Rico Health Insurance Code.
The main purpose of the public policy herein adopted is to provide all Puerto Ricans with access to more and better healthcare services and to promote maximum growth and development in this industry.
History —Aug. 29, 2011, No. 194, § 2.020, eff. 180 days after Aug. 29, 2011.