A. On or before the first day of March, every health maintenance organization shall annually file a report with the commissioner covering the preceding calendar year and shall file a copy of the report with the secretary of the Louisiana Department of Health. The report shall be verified by at least two principal officers or duly authorized representatives of the health maintenance organization. The report shall be on forms prescribed by the National Association of Insurance Commissioners. The report shall be accompanied by the filing fee and any penalty for unauthorized late filing set forth in La. Rev. Stat. 22:269.

            B. The commissioner for good cause may grant an extension of up to thirty days for the filing of the annual report.

            C. In addition to Subsection A of this Section, the following reports shall also be filed with the commissioner:

            (1) Quarterly statements as required by La. Rev. Stat. 22:571.

            (2) Management and discussion reports as required by La. Rev. Stat. 22:571 and the National Association of Insurance Commissioners Annual Statement Instructions Handbook.

            (3) A CPA-audited report as required by La. Rev. Stat. 22:673 and any applicable regulation issued by the Department of Insurance.

            (4) Holding Company Act filings as required pursuant to Subpart G-1 of Part III of this Chapter, La. Rev. Stat. 22:691.1 et seq.

            Acts 1986, No. 1065, §1; Acts 1995, No. 1231, §1, eff. Sept. 1, 1995; Redesignated from La. Rev. Stat. 22:2008 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 503, §1; Acts 2022, No. 161, §1.

NOTE: Former La. Rev. Stat. 22:252 redesignated as La. Rev. Stat. 22:142 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.