The commissioner may authorize approval of a policy that does not correspond with one of the categories as described in §§3.3071-3.3077 and 3.3079-3.3080 of this title (relating to Minimum Standards and Benefits and Readability for Accident and Health Insurance Policies) if such policy is determined to be a type of coverage that is experimental in nature or a type of coverage that will in the opinion of the commissioner fulfill a reasonable public need and is appropriately and prominently described in the outline of coverage. Unless such coverage falls within the definition of excepted benefits set forth in §3.3002(b)(6) of this title (relating to Definitions), the coverage must be guaranteed renewable in accordance with §3.3020 of this title (relating to Policy Definition of Guaranteed Renewable and Limited Guarantee of Renewability) and §3.3038 of this title (relating to Mandatory Guaranteed Renewability Provisions for Individual Hospital, Medical or Surgical Coverage; Exceptions) of this subchapter.