VT | The Vermont Department of Financial Regulation has issued Insurance Bulletin No. 230.
The Insurance Division (Division) provides the following guidance to insurers and other health plans subject to the Department of Financial Regulation’s oversight (collectively, issuers) seeking to demonstrate compliance with mental health parity requirements. The Division requires issuers to file all certificates for health insurance policies to be offered, issued or renewed in Vermont through the System for Electronic Rates & Forms Filing (SERFF). Beginning on January 1, 2025, the Division will require issuers to:
- Include a completed Vermont Major Medical Checklist, specifically identifying compliance with Vermont insurance mandates, in certificates filed on SERFF prior to plan approval.
- File Vermont’s Non-Quantitative Treatment Limitations (NQTL) self-compliance worksheet with the Division within 90 days of certificate form approval.