N.J. Admin. Code § 11:4-56.4

Current through Register Vol. 56, No. 19, October 7, 2024

Section 11:4-56.4 - Subsequent annual registration of self-funded MEWAs

(a) An application for subsequent annual registration following the initial registration shall be filed annually. The application shall be due on the same date as the annual financial statements filed pursuant to 11:4-56.9(a). The application for the subsequent annual registration shall consist of the certification of an officer, director or trustee of the self-funded MEWA a form prescribed by the Commissioner, and shall include the certification of an officer, director or trustee of the self-funded MEWA that the MEWA continues to comply with the requirements of 17B:27C-1 et seq. and this subchapter.

(b) Filings described in (a) above shall be accompanied by a fee in the amount of $ 1,000 made payable to "State of New Jersey-General Treasury," and submitted to the following address:

Att: Self-funded MEWA Registration

NJ Department of Banking and Insurance

20 West State Street

PO Box 325

Trenton, NJ 08625-0325

(c) Within 90 days of receipt of the registration, the Commissioner shall issue a registration unless the Commissioner finds that the registrant is not in compliance with the requirements of 17B:27C-1 et seq. and this subchapter, or that the continued operations of the self-funded MEWA with respect to the provision of health benefits are hazardous to enrollees, members, providers or residents of this State.

N.J. Admin. Code § 11:4-56.4