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XML document 17:48E-26. Experience rating
New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
...  17: 48E-26. Experience rating 17: 48E-26. Experience rating a. A group contract, covering at least two employees or members, may provide for the adjustment of the rate of premium of insurance based on...
... past or projected experience, and may include those claim costs and utilization trend factors which the health service corporation deems necessary in its discretion. No health service corporation shall...
... use any form of experience rating plan until it shall have filed with the commissioner the formulas to be used and the classes or groups to which they are to apply...
... such as to prejudice the interests of persons who are eligible for coverage under contracts with the health service corporation which are not subject to experience rating. b. Except for those rating formulas applicable to groups the employees or members of which are located in more than one state and which are...

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