41-4118. TERMINATION OF REGISTRATION. (1) The director may terminate the registration of a joint public agency self-funded plan upon written request of the board, or if he finds, after an examination, that the trust fund is insolvent.
(2) The director may terminate the registration of a plan for violation of this chapter, or failure of the board to file the annual statement with the director within the time required under section 41-4111, Idaho Code, or if he finds, after an examination of the trust fund or the plan:
(a) That the plan no longer meets the qualifications required by sections 41-4101 and 41-4110, Idaho Code, and that the deficiency will not or cannot be remedied within a reasonable time;
(b) That as a matter of frequent practice the benefits promised by the plan are not being fairly and promptly paid;
(c) That the cost of administering the plan is excessive in relation to the character and volume of service being rendered in the administration; or
(d) That the trust fund has been subject to fraudulent or dishonest practices on the part of the board, administrator, consultant, any participating employer, or beneficiaries.
(3) The director shall so terminate the registration by his written order given to the board and to each employer last of record a participant in the plan. The order shall state the grounds upon which it is made and its effective date. The order shall be subject to judicial review in the same manner as applies to official orders of the director in general.
History:
[41-4118, added 2006, ch. 415, sec. 1, p. 1278.]
Structure Idaho Code
Chapter 41 - JOINT PUBLIC AGENCY SELF-FUNDED HEALTH CARE PLANS
Section 41-4101 - DECLARATION OF PURPOSE.
Section 41-4102 - DEFINITIONS.
Section 41-4103 - REGISTRATION REQUIRED — EXEMPTIONS — NOT SUBJECT TO INSURANCE CODE.
Section 41-4104 - QUALIFICATIONS FOR REGISTRATION.
Section 41-4105 - APPLICATION FOR REGISTRATION.
Section 41-4106 - GRANT OR DENIAL OF APPLICATION.
Section 41-4107 - TRUST FUND — POWERS.
Section 41-4108 - TRUST FUND LIABILITY.
Section 41-4109 - INVESTMENT OF TRUST FUND.
Section 41-4111 - RECORDS AND ACCOUNTS — ANNUAL STATEMENT.
Section 41-4112 - TAXES — EXEMPTION.
Section 41-4113 - EXAMINATION OF BOOKS, RECORDS AND ACCOUNTS.
Section 41-4114 - BOARD OF TRUSTEES — ADMINISTRATORS.
Section 41-4115 - PROHIBITED PECUNIARY INTERESTS IN PLAN MANAGEMENT.
Section 41-4116 - POLITICAL CONTRIBUTIONS PROHIBITED.
Section 41-4117 - RECOVERY OF DEPLETED FUNDS.
Section 41-4118 - TERMINATION OF REGISTRATION.
Section 41-4119 - LIQUIDATION OF TRUST FUND.
Section 41-4121 - OTHER PROVISIONS APPLICABLE.
Section 41-4123 - COVERAGE FROM MOMENT OF BIRTH — COMPLICATIONS OF PREGNANCY.
Section 41-4124 - SERVICES PROVIDED BY GOVERNMENTAL ENTITIES.