Current through December 25, 2024
Section 760 IAC 1-68-8 - Third party administratorAuthority: IC 27-1-34-9
Affected: IC 27-1-25; IC 27-1-34
Sec. 8.
(a) If a MEWA enters into an agreement with a third party administrator to provide administrative, marketing, or other services related to the offering of health benefits plans to employers in this state, the third party administrator must hold a license issued under IC 27-1-25.(b) A trustee may not be an owner, officer, or employee of the administrator. Department of Insurance; 760 IAC 1-68-8; filed Apr 15, 2003, 2:20 p.m.: 26 IR 3041; filed Mar 7, 2006, 2:00 p.m.: 29 IR 2191; readopted filed Nov 24, 2009, 9:35 a.m.: 20091223-IR-760090791RFAReadopted filed 11/20/2015, 9:25 a.m.: 20151216-IR-760150341RFAReadopted filed 11/15/2021, 8:32 a.m.: 20211215-IR-760210419RFA