Nebraska Statutes > Chapter 44 > § 44-4704 - Application for certificate of authority; contents
Current as of: 2010 An application for a certificate of authority to operate as a prepaid limited health service organization shall be filed with the director on a form prescribed by the director. Such application shall be verified by an officer or authorized representative of the applicant and shall set forth or be accompanied by the following: (1) A copy of the basic organizational document, if any, of the applicant, such as the articles of incorporation, articles of association, articles of organization, partnership agreement, trust agreement, or other applicable documents and all amendments to such documents; (2) A copy of all bylaws, rules and regulations, or similar documents, if any, regulating the conduct of the internal affairs of the applicant; (3) A list of the names, addresses, official positions, and biographical information of the individuals who are responsible for conducting the applicant's affairs, including, but not limited to, all members of the board of directors, board of trustees, executive committee, or other governing board or committee, the principal officers, any person or entity owning or having the right to acquire ten percent or more of the voting securities of the applicant, and the partners or members in the case of a partnership, limited liability company, or association; (4) A statement generally describing the applicant, its facilities and personnel, and the limited health services to be offered; (5) A copy of the form of any contract made or to be made between the applicant and any providers regarding the provision of limited health services to enrollees; (6) A copy of the form of any contract made or to be made between the applicant and any person listed in subdivision (3) of this section; (7) A copy of the form of any contract made or to be made between the applicant and any person, corporation, partnership, limited liability company, or other entity for the performance on the applicant's behalf of any functions, including, but not limited to, marketing, administration, enrollment, investment management, and subcontracting for the provision of limited health services to enrollees; (8) A copy of the form of any group contract which is to be issued to employers, unions, trustees, or other organizations and a copy of any form of evidence of coverage to be issued to subscribers; (9) A copy of the most recent financial statements of the applicant audited by independent certified public accountants. If the financial affairs of the applicant's parent company are audited by independent certified public accountants but those of the applicant are not, a copy of the most recent audited financial statement of the applicant's parent company, certified by an independent certified public accountant, attached to which shall be consolidating financial statements of the applicant, shall satisfy this requirement unless the director determines that additional or more recent financial information is required for the proper administration of the Prepaid Limited Health Service Organization Act; (10) A financial plan which includes a three-year projection of anticipated operating results, a statement of the sources of working capital, any other sources of funding, and provisions for contingencies; (11) A schedule of rates and charges; (12) A description of the proposed method of marketing; (13) A description of the complaint procedures to be utilized as required under section 44-4713; (14) A description of the quality assessment and utilization review procedures to be utilized by the applicant; (15) A description of how the applicant will comply with section 44-4718; (16) The fee for issuance of a certificate of authority provided in section 44-4724; and (17) Such other information as the director may reasonably require to make the determinations required by the act.
Laws 1989, LB 320, § 4; Laws 1993, LB 121, § 256. ________________________________________________________________________
Questions & Answers: InsuranceSee also: U.S. Code Provisions: InsuranceFederal Regulations: Insurance
 |
Email
Print