What are OPM's responsibilities as regulator under this Program?
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
Consistent 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:
(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;
(b) Reviewing and approving rates, forms, and marketing materials;
(c) Determining the qualifications of enrollment personnel and the Program administrator(s);
(d) Suspending applications for FLTCIP coverage, including coverage increases as specified in § 875.110; and
(e) Holding special application periods as specified in § 875.402.
[68 FR 5534, Feb. 4, 2003, as amended at 87 FR 68597, Nov. 16, 2022]
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.