§ 33-65-3. Corporate Governance Annual Disclosures; Requirements; Cross-Referencing Data
An insurer, or the insurance group of which the insurer is a member, shall, no later than June 1 of each calendar year, submit to the Commissioner a corporate governance annual disclosure that contains the information described in subsection (b) of Code Section 33-65-5. Notwithstanding any request from the Commissioner made pursuant to subsection (c) […]
§ 33-65-4. Issuance of Rules, Regulations, and Orders
The Commissioner may, upon notice and opportunity for all interested persons to be heard, issue such rules, regulations, and orders as shall be necessary to carry out the provisions of this chapter. History. Code 1981, § 33-65-4 , enacted by Ga. L. 2019, p. 1038, § 1/HB 367.
§ 33-65-5. Required Information in Corporate Governance Annual Disclosures; Additional Information
The insurer or insurance group shall have discretion over the responses to the corporate governance annual disclosure inquiries, provided that the corporate governance annual disclosure shall contain the material information necessary to permit the Commissioner to gain an understanding of the insurer’s or group’s corporate governance structure, policies, and practices. The Commissioner may request additional […]
§ 33-65-6. Proprietary and Confidential Nature of Disclosures; Limitation on Testimony
Documents, materials, or other information including the corporate governance annual disclosure, in the possession or control of the department that are obtained by, created by, or disclosed to the Commissioner or any other person under this chapter, are recognized by this state as being proprietary and to contain trade secrets. All such documents, materials, or […]
§ 33-65-7. Use of Third-Party Consultants by Commissioner; Advisory Capacity; Confidentiality Standards; Free of Conflict of Interests
The Commissioner may retain, at the insurer’s expense, third-party consultants, including attorneys, actuaries, accountants, and other experts not otherwise a part of the Commissioner’s staff as may be reasonably necessary to assist the Commissioner in reviewing the corporate governance annual disclosure and related information or the insurer’s compliance with this chapter. Any persons retained under […]
§ 33-64-6. Pharmacy Benefits Manager Shall Not Have to Be Licensed as an Administrator
A pharmacy benefits manager licensed pursuant to this chapter shall not be required to obtain a license as an administrator pursuant to Article 2 of Chapter 23 of this title to perform any function as a pharmacy benefits manager pursuant to this chapter. History. Code 1981, § 33-64-6 , enacted by Ga. L. 2010, p. […]
§ 33-62-3. Submission of Supporting Documentation; Confidentiality; Disclosure
The statement of actuarial opinion shall be provided with the annual statement in accordance with rules and regulations promulgated by the Commissioner regarding property and casualty annual statement instructions and shall be treated as a public document. Documents, materials, or other information in the possession or control of the department that are considered an actuarial […]
§ 33-64-7. Commissioner’s Authority Over Rules and Regulations
The Commissioner shall enforce the provisions of this chapter and may promulgate rules and regulations to implement the provisions of this chapter to ensure the safe and proper operations of pharmacy benefits managers in this state. In addition to all other authority granted by this title, the Commissioner may: Conduct financial examinations and compliance audits […]
§ 33-63-1. Legislative Findings
The General Assembly finds that guaranteed asset protection waivers are not insurance. All guaranteed asset protection waivers issued on or after the date of enactment of this chapter shall not be construed as insurance. History. Code 1981, § 33-63-1 , enacted by Ga. L. 2008, p. 1097, § 1/SB 470; Ga. L. 2019, p. 533, […]
§ 33-64-8. Electronic Prior Authorization Drug Requests With Health Care Providers
As used in this Code section, “electronic prior authorization” or “e-prior authorization” means a requirement that a prescriber obtain approval via electronic media from a health plan to prescribe a specific medication prior to dispensing. Facsimiles shall not be considered an electronic submission under this Code section except in the event that such electronic media […]