33-22-1307. Duties of commissioner -- rulemaking. (1) The commissioner shall:
(a) oversee the activities of the association and the board;
(b) examine the affairs of the board and program;
(c) approve the plan of operation set by the board as needed within 30 days of receiving the plan or amendments to the plan from the board;
(d) with the assistance of the association, collect the assessment and the federal funding designated for this program;
(e) designate staff to attend meetings of the board and the association as an ex officio member; and
(f) require all eligible health insurers to calculate the premium amount the eligible health insurer would have charged for the benefit year if the Montana reinsurance program had not been established. The eligible health insurer shall submit this information as part of its rate filing. The commissioner shall consider this information as part of the rate review.
(2) The commissioner may adopt rules necessary to implement this part. Any proposed administrative rules must be submitted to the board for review and comment before the proposed rules are submitted to the secretary of state.
History: En. Sec. 5, Ch. 210, L. 2019.
Structure Montana Code Annotated
Title 33. Insurance and Insurance Companies
Chapter 22. Disability Insurance
Part 13. Montana Reinsurance Association Act
33-22-1301. Short title -- purpose
33-22-1302. Reinsurance association -- mandatory membership -- exceptions
33-22-1304. and 33-22-1305 reserved
33-22-1306. Association board of directors
33-22-1307. Duties of commissioner -- rulemaking
33-22-1308. Board duties -- powers
33-22-1309. Association administrator
33-22-1310. through 33-22-1312 reserved
33-22-1313. Association member assessments
33-22-1314. Payment parameters
33-22-1315. Calculation of reinsurance payments
33-22-1316. Administration of reinsurance payments
33-22-1317. Eligible health insurer requests for reinsurance payments
33-22-1318. and 33-22-1319 reserved
33-22-1320. Liability of association members
33-22-1321. State and federal special revenue accounts -- reinsurance program