§ 875.107 What are OPM's responsibilities as regulator under this Program?

5 CFR 875.107Consistent with the authority and discretion given to OPM by the FLTCIP law, OPM's responsibilities include those functions typically associated with, and preemptive of, State insurance regulatory authorities such as:

5 CFR 875.107(a)(a) Reviewing and approving the content and format of materials associated with the FLTCIP pursuant to section 9008(d) of title 5, United States Code;

5 CFR 875.107(b)(b) Reviewing and approving rates, forms, and marketing materials;

5 CFR 875.107(c)(c) Determining the qualifications of enrollment personnel and the Program administrator(s);

5 CFR 875.107(d)(d) Suspending applications for FLTCIP coverage, including coverage increases as specified in § 875.110; and

5 CFR 875.107(e)(e) Holding special application periods as specified in § 875.402.