§33-25B-4. Voucher Applications; Contents
A guardian or applicant aide may file with a nonprofit corporation, organized for the purposes of this article, a sworn voucher application signed by the guardian asserting: (a) That the guardian meets the requirements for the federal earned income credit for child health insurance for the current or next calendar year; (b) The good-faith estimate […]
§33-25B-5. Duties and Responsibilities of Corporation
Upon presentation of a valid voucher application, the corporation shall issue from its insurance subsidy fund a voucher to the guardian or applicant aide, made out in behalf of the guardian and redeemable for the face amount by any approved provider. The corporation shall retain in the fund all moneys received from refundable tax credits […]
§33-25B-6. Duties and Responsibilities of Department of Health and Human Resources to Provide Training and Other Services
(a) The Department of Health and Human Resources shall design and provide the vouchers to any corporation wishing to participate in the program at a cost not to exceed the actual cost of the voucher. (b) No later than ninety days after a request is made by a corporation wishing to participate in the insurance […]
§33-25B-7. Allowable Commission for Applicant Aides; Prohibited Practices
(a) Applicant aides may receive a commission not to exceed five percent of the voucher, from an approved provider. No commission may be paid until the fund is fully reimbursed for the voucher. Applicant aides may not solicit or accept any compensation from guardians or potential guardians. (b) An applicant aide shall be prohibited from […]
§33-25B-8. Activities Not Deemed the Sale of Insurance; Exemptions From Benefits and Taxation
(a) Assisting individuals in the preparation of applications to the fund and selection of the providers does not constitute the sale of insurance and shall not be subject to regulation by the Insurance Commissioner. (b) Insurance coverage bought by the guardian through the use of a voucher provided pursuant to the provisions of this article […]
§33-25B-9. Annual Report and Audits
On January 1, of each year the corporation shall report on its operations for the preceding fiscal year to the Governor and the State Legislature. The report shall include a summary of the activities of the corporation and a complete operating and financial statement. A corporation shall cause an annual audit to be made by […]
§33-25B-10. Tax Exemption
Any corporation organized for the purposes of this article is exempt from all franchise, corporate, business and taxes of every nature levied by the state.
§33-25B-11. Personal Liability of Members or Persons Acting on Behalf of the Corporation
No person acting on behalf of the corporation executing any contracts, commitments or agreements issued pursuant to this article may be liable personally upon the contracts, commitments or agreements or be subject to any personal liability or accountability by reason thereof.
§33-25B-1. Definitions
The following words, as used in this article, have the meanings set forth below, unless the context clearly requires otherwise: (a) "Applicant aide" means an individual licensed by the state to care for the physical or emotional needs of children or an employee authorized by his employer where the employer is an institution licensed by […]
§33-25B-2. Purpose
The purpose of this article is to: (a) Assist, promote, encourage, develop and advance the knowledge of lower to moderate income families with dependent children of the earned income credit available for money spent on health insurance; (b) Cooperate and act in conjunction with other organizations, public and private, the objects of which are the […]