Minn. R. agency 120, ch. 2785, pt. 2785.0600

Current through Register Vol. 49, No. 20, November 12, 2024
Part 2785.0600 - APPLICATION
Subpart 1.Initial application.

Two or more political subdivisions may apply to the commissioner for authority to form a self-insurance pool. One or more private employers and a political division may apply for authority to form a public/private pool, if statutorily authorized. Applications must be submitted on forms prescribed by the commissioner. Applications must be submitted not later than 60 days prior to the requested date for authority to self-insure. Applications submitted without responses to certain questions, or with responses that are inadequate, must be returned to the applicant for resubmission. Applications not returned to the applicant for resubmission within 14 days of receipt must be approved or disapproved within 60 days of receipt.

Subp. 2.Prior existing pools.

Pools in existence at the time parts 2785.0100 to 2785.1600 are effective must submit their initial application for self-insurance authority no later than December 1, 1985.

Subp. 3.Renewal application.

Existing plans may apply for renewal of their self-insurance authority by so indicating on their annual status report preceding expiration of their current authority. Applications must be approved or disapproved within 60 days of receipt of the status report.

Subp. 4.Merger.

Two or more existing pools may apply to merge, provided the merged pool assumes all financial and regulatory obligations of the former pools. Merger applications are subject to the same requirements as prospective new pools.

Subp. 5.Approval or disapproval.

Upon approval of an application, the commissioner shall issue an order authorizing the proposed self-insurance pool. Initial authorization orders for new pools shall be effective for 27 months after the initial authorization date. Renewal authorization orders shall be for two-year periods. Approval of applications for authority to self-insure must be granted if the proposed pool conforms with:

A. all requirements of parts 2785.0100 to 2785.1600;
B. all applicable requirements of Minnesota insurance statutes and rules, as described in part 2785.1000, subpart 2;
C. Minnesota Statutes, sections 72A.19 to 72A.32; and
D. all applicable requirements of other Minnesota statutes and rules.

Minn. R. agency 120, ch. 2785, pt. 2785.0600

10 SR 274

Statutory Authority: MS s 471.617; 471.982