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In light of the January 1, 2008 effective date, how is this reconciled with the phase-in of a rating plan over a period of years?

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In light of the January 1, 2008 effective date, how is this reconciled with the phase-in of a rating plan over a period of years?

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A. The phase-in plan will specify the deadlines and any company requiring the extra time will be required to make pro-rata premium refunds.

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