P.R. Laws tit. 26, § 9122
The purpose of this chapter is to enhance the availability of health insurance coverage to PYMES employers regardless of their health status or claims experience, to prevent abusive rating practices, to prevent segmentation of the health insurance market based upon health risk, to require disclosure of rating practices to purchasers, to establish rules regarding renewability of coverage, to limit the use of preexisting condition exclusions, to provide for development of health plans that meet the requirements of the essential health benefit package to be offered to all PYMES employers, and to improve the overall fairness and efficiency of the small group health insurance market. This chapter shall be governed by the regulatory provisions of the Patient Protection and Affordable Care Act, as issued by federal regulatory agencies.
History —Aug. 29, 2011, No. 194, § 8.020, eff. 180 days after Aug. 29, 2011; July 10, 2013, No. 55, § 13, eff. 30 days after July 10, 2013.