Florida Administrative Code (Last Updated: November 11, 2024) |
69. Department of Financial Services |
69O. OIR – Insurance Regulation |
69O-149. Filing Of Forms And Rates For Life/Health Insurance |
69O-149.039. Designation of Election to Become a Risk-Assuming or Reinsuring Carrier Under Section 627.6699, Florida Statutes, the Employee Health Care Access Act
1(1) A small employer carrier shall file, pursuant to paragraph 1169O-149.044(1)(b), 12F.A.C., a final designation of election to become either a risk-assuming carrier or a reinsuring carrier using Form OIR-B2-1093, “State of Florida/Small Employer Carrier’s Application to Become a Risk Assuming Carrier or a Reinsuring Carrier, as Required by Section 51627.6699(9), F.S.,53” adopted in Rule 5769O-149.044, 58F.A.C.
59(2) The Office shall provide notice by publication of a small employer carrier’s designation of election to become a risk assuming carrier and shall provide 21 days from publication for comment prior to making a decision on the election. The Office shall hold a hearing on the election if requested by the carrier.
112(3) The Office shall approve or disapprove any application within 60 days after filing, based on the criteria in Section 132627.6699(10), F.S.
134(4) The filing shall be submitted to the Office electronically through http://www.floir.com/iportal.
146Rulemaking Authority 148627.6699(17) FS. 150Law Implemented 152624.424, 153627.6699(9), 154(10) FS. History–New 3-1-93, Amended 11-7-93, 8-4-02, Formerly 4-149.039, Amended 7-30-17.