State RegulationsCO specificDifficulty 1/5
For sickness and accident insurance, Colorado's unfair-discrimination statute prohibits unequal treatment between individuals unless they differ in:
Select an option to reveal the answer and the full 3-part explanation — free, no signup.
Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
C.R.S. § 10-3-1104(1)(f) applies a hazard-based standard to sickness and accident insurance: discrimination is unfair between individuals of the same class presenting essentially the same hazard. Legitimate differences in class or hazard support different rates; income, territory, or premium mode are not the statutory test, and disability-based classification is separately restricted.
Why the other options are wrong
- B) Income and occupation alone are not the statutory standard; the statute asks about class and hazard.
- C) Territory and premium mode are administrative variables, not the class-and-hazard test the statute sets.
- D) Classification solely on blindness or physical disability is prohibited absent actuarial justification.
Memory hook
Life looks at life expectancy; health looks at the hazard. Same class, same risk — same deal.