§ 20-1007 – Membership coverage by prepaid dental plan organizations
20-1007. Membership coverage by prepaid dental plan organizations A. Every member in a prepaid dental plan shall be issued a membership coverage form by the prepaid dental plan organization. B. Any contract applied for that provides family coverage shall, as to such coverage of individuals in the family, also provide that the benefits applicable for […]
§ 20-1008 – Examination of prepaid dental plan organization
20-1008. Examination of prepaid dental plan organization A. The director may once in each six months for the first three years after organization and once each year thereafter, or more often if deemed necessary by the director, visit each prepaid dental plan organization organized under the laws of this state and examine its financial condition […]
§ 20-1009 – Annual report to director
20-1009. Annual report to director A. Every prepaid dental plan organization annually on or before the first day of March shall file with the director a report of its financial condition, transactions and affairs as of the preceding December 31 as prescribed in sections 20-223 and 20-234 and shall pay the annual renewal fee prescribed […]
§ 20-1010 – Taxes
20-1010. Taxes A. On the tax payment dates prescribed in section 20-224, each prepaid dental plan organization shall pay to the director for deposit, pursuant to sections 35-146 and 35-147, in a form prescribed by the director a tax for transacting a prepaid dental plan in the amount of 2.0 percent of prepaid net charges […]
§ 20-1011 – Operational expenses
20-1011. Operational expenses No more than thirty per cent of prepaid charges in the first year of operation, twenty-five per cent of prepaid charges in the second year of operation and twenty per cent of prepaid charges in any subsequent year shall be used for the marketing and administrative expenses of a prepaid dental plan […]
§ 20-1012 – Prohibited practices
20-1012. Prohibited practices Chapter 2, article 6 of this title, relating to unfair trade practices and frauds, shall apply to prepaid dental plan organizations, except to the extent the director determines that the nature of prepaid dental plan organizations render particular provisions inappropriate.
§ 20-1013 – Regulation of agents
20-1013. Regulation of agents The director shall, after notice and hearing, promulgate such rules and regulations as are necessary to provide for the licensing of agents which shall include provisions for examination, licensing, annual fees and disciplinary procedures similar to those provided in chapter 2, article 3 of this title.
§ 20-1014 – Examination
20-1014. Examination The director may conduct an examination of the affairs of any prepaid dental plan organization as often as the director deems it necessary for the protection of the interests of the people of this state.
§ 20-1015 – Suspension or revocation of certificate of authority; civil penalties
20-1015. Suspension or revocation of certificate of authority; civil penalties A. The director may suspend or revoke any certificate of authority issued to a prepaid dental plan organization pursuant to this article if the director finds that any of the following conditions exists: 1. The prepaid dental plan organization is operating significantly in contravention of […]