§ 33-50-14. Commissioner Approval of Plans Offering Coverage in Other States
A multiple employer self-insured health plan which covers lives in other states may cover lives in this state only if the Commissioner deems the plan to be in compliance with the requirements of this chapter. History. Code 1981, § 33-50-14 , enacted by Ga. L. 2010, p. 757, § 6/SB 310; Ga. L. 2011, p. […]
§ 33-51-1. Short Title
This chapter shall be known and may be cited as the “Georgia Affordable HSA Eligible High Deductible Health Plan.” History. Code 1981, § 33-51-1 , enacted by Ga. L. 2008, p. 292, § 3/HB 977.
§ 33-51-2. Legislative Intent
It is the intent of the General Assembly: To authorize the Commissioner to establish flexible guidelines for health savings account eligible high deductible plan designs which will be affordable to Georgians and to increase the availability of these types of plans by accident and sickness insurers licensed to transact such insurance in this state; To […]
§ 33-51-3. Development of Guidelines; Promotion by Commissioner; Authority of Commissioner
The Commissioner shall develop flexible guidelines for coverage and approval of health savings account eligible high deductible plans which are designed to qualify under federal and state requirements as high deductible health plans for use with health savings accounts which comply with federal requirements under the applicable provisions of the federal Internal Revenue Code for […]
§ 33-51-4. Programs Not Considered Unfair Trade Practice
Insurers that include and operate wellness and health promotion programs, disease and condition management programs, health risk appraisal programs, and similar provisions in their high deductible health policies in keeping with federal requirements shall not be considered to be engaging in unfair trade practices under Code Section 33-6-4 with respect to references to the practices […]
§ 33-50-3. Application for License; Payment of Fees; Payment of Premium Taxes
Application for a license shall be made on forms prescribed by the Commissioner. Every multiple employer self-insured health plan shall pay to the Commissioner annual license fees, as established by rule or regulation of the Commissioner. Every multiple employer self-insured health plan shall be exempt from the payment of premium taxes on the plan’s net […]
§ 33-48-3. Limitations on Producer Who Has Control of Licensed Property and Casualty Insurer; Limitations on Reinsurance Intermediary
No producer which has control of a licensed property and casualty insurer may directly or indirectly place business with such insurer in any transaction in which such producer, at the time the business is placed, is acting as such on behalf of the insured for any compensation, commission, or other thing of value, unless: There […]
§ 33-50-4. Filing of Bylaws, Schedules of Benefits, and Management, Administration, and Trust Agreements
At the time application for a license is made, the multiple employer self-insured health plan shall file with the Commissioner a copy of the plan’s bylaws, all schedules of benefits, and all management, administration, and trust agreements which the plan had made or proposes to make for the conduct of its business and affairs. Any […]
§ 33-48-4. Proceedings Upon Violation of Chapter; Burden of Proof; Penalties
If the Commissioner has reason to believe that a controlling producer has committed or is committing an act which could be determined to be a violation, as defined in paragraph (6) of Code Section 33-48-2, he shall serve upon the controlling producer a statement of the charges and notice of a hearing to be conducted […]
§ 33-50-5. Minimum Surplus; Capital Requirements; Security Deposit; Annual Audit; Aggregate Excess Stop-Loss Coverage; Individual Excess Stop-Loss Coverage
No multiple employer self-insured health plan shall be licensed unless it shall possess and thereafter maintain a minimum surplus of at least $200,000.00. A multiple employer self-insured health plan shall be subject to and comply with the applicable regulatory action level risk-based capital requirements prescribed by Chapter 56 of this title. Every multiple employer self-insured […]