Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Vermont Statutes Title 8 Sec. 4515a

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fees: shall mean earnings due for official services, aside from salaries or per diem compensation. See

§ 4515a. Form and rate filing; filing fees

Every contract or certificate form, or amendment thereof, including the rates proposed to be charged by the corporation, shall be filed with the Commissioner or the Green Mountain Care Board established in 18 Vt. Stat. Ann. chapter 220, as appropriate, for the Commissioner’s or the Board’s approval prior to issuance or use. Prior to approval, there shall be a public comment period pursuant to section 4062 of this title. In addition, each such filing shall be accompanied by payment to the Commissioner or the Board, as appropriate, of a nonrefundable fee of $150.00 and the plain language summary of rate increases pursuant to section 4062 of this title. (Added 1985, No. 236 (Adj. Sess.), § 10; amended 1991, No. 166 (Adj. Sess.), § 10; 2011, No. 48, § 15b, eff. Jan. 1, 2012; 2013, No. 79, § 5h, eff. Jan. 1, 2014; 2021, No. 105 (Adj. Sess.), § 208, eff. July 1, 2022.)