627.6742 Permitted compensation arrangements.—
(1) The commission shall adopt rules governing the permitted compensation arrangements between insurers and agents with respect to Medicare supplement policies.
(2) The rules shall be based upon the format, interrelationships, and parameters relating to compensation arrangements as set forth in the NAIC Medicare Supplement Insurance Minimum Standards Model Act and Regulations adopted by the National Association of Insurance Commissioners on July 31, 1991.
History.—s. 6, ch. 90-257; s. 18, ch. 91-201; ss. 143, 149, ch. 92-33; s. 114, ch. 92-318; s. 1175, ch. 2003-261.
Section: Previous 627.671 627.672 627.673 627.6735 627.6736 627.6737 627.674 627.6741 627.6742 627.6743 627.6744 627.6745 627.6746 627.675 NextLast modified: September 23, 2016