CARFRA - What does CARFRA stand for? The Free Dictionary
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Even if a product receives CARFRA
approval, an insurer may have to change the product and submit it again in some states to meet specific statutory requirements.
A filing with CARFRA is considered a filing with each of the participating states.
But the CARFRA evaluation process requires states to list the regulations and laws that deviate from the national standards approved by the committee.
filings will be evaluated by review panels composed of experienced employees from the member states participating in the limited launch.