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Amend SB 541 by striking on page 6, lines 17 through 22 and
substituting new subsection 9 as follows:
Sec. 9. RATES. Each insurer shall file with the commissioner
all rates, supplementary rating information and reasonable and
pertinent supporting information for standard benefit plans
offered in this state. The commissioner may disapprove a rate if
the premium is not reasonable in relation to the benefit. If the
commissioner has not issued an order approving rates for standard
benefit plans within 90 days after the filing of the application,
the rate shall be deemed approved.