Current through Register 1533, October 25, 2024
Section 151.05 - Application to be Approved as a Qualified Association(1) An Association may file an application with the Commissioner to be approved as a Qualified Association. The application shall contain at least the following information, certified by an officer of the Association. The Commissioner may at any time specify an application format: (a) A narrative description of the Association, including the state in which the Association has been formed and headquartered;(b) A copy of the basic organizational documents of the Association, such as the articles of incorporation, partnership agreement, or similar documentation and any amendments thereto;(c) A copy of the bylaws, rules, regulations or other similar documents regulating the conduct of the affairs of the Association;(d) A statement of the purpose of the Association that demonstrates that the Association was formed for the purpose of advancing the occupational, professional, trade, or industry interests of association members, other than that of obtaining health insurance;(e) The number of Eligible Association Members and Eligible Small Businesses that are members of the Association;(f) A listing of the services, other than health insurance, which the Association offers to its members;(g) The fees paid by members of the Association to join or maintain membership in the Association, including, but not limited to, membership dues, ancillary service fees, program fees and charges, fees or dues related to associate membership or any subcategory of membership, etc.;(h) A statement, certified by an officer of the Association, indicating that the Association does not condition membership in the Association or the offer of any Association benefits on health status, claims experience, or duration of coverage since issue, and that the Association does not discriminate based on age, sex, race, creed, ethnicity, racial background, religious preference or any criteria that is not related to the occupational, professional, trade or industry interests of association members;(i) A statement affirming that the Association was not formed for the purposes of obtaining insurance; and(j) Any other information required by the Commissioner.(2) Any material change(s) to an application to be an approved Qualified Association shall be submitted to the Commissioner, along with a statement certified by an officer of the Qualified Association, within 30 days of such change(s).