Renewal of Certificate of Authority

PURPOSE: This rule prescribes the process and forms to be used by a multiple employer self-insured health plan to renew its certificate of authority. (1) An Application for Certificate of Authority form must be completed and submitted to the director of the Department of Commerce and Insurance by March 1 of each year, along with the license fee prescribed by section 376.1005.2, RSMo, in order to renew a multiple employer self-insured health plan's certificate of authority. (2) By March 1 of each calendar year, each multiple employer self-insured health plan must submit an annual report consisting of the National Association of Insurance Commissioners health annual statement convention blank, as well as an annual audited financial report prepared in accordance with sections 375.1025–375.1062, RSMo, and which include those items specified in section 376.1012(4), RSMo showing the condition and affairs of the plan as of the preceding December 31. A multiple employer selfinsured health plan may request an extension to June 1 for filing the annual audited financial report, which will be granted for good cause shown. AUTHORITY: sections 374.045, 375.786, 376.1005, 376.1012, and 376.1025, RSMo 2016.* Original rule filed Oct. 15, 1993, effective June 6, 1994. Amended: Filed Dec. 13, 2018, effective July 30, 2019. Non-substantive change filed Sept. 11, 2019, published Oct. 31, 2019. *Original authority: 374.045, RSMo 1967, amended 1993, 1995, 2008; 375.786, RSMo 1972, amended 1977, 1993, 1998, 2007, 2014; 376.1005, RSMo 1993; 376.1012, RSMo 1993, 2007; and 376.1025, RSMo 1993, amended 1995.