§ 27-20.7-10. Notice and disclosure of charges and fees.
(a) When the services of an administrator are utilized, the administrator shall provide a written notice approved by the insurer to covered individuals advising them of the identity of, and relationship among, the administrator, the policyholder and the insurer.
(b) When an administrator collects funds, the reason for collection of each item must be identified to the insured party and each item must be shown separately from any premium. Additional charges may not be made for services to the extent the services have been paid for by the insurer.
(c) The administrator shall disclose to the insurer all charges, fees and commissions received from all services in connection with the provision of administrative services for the insurer, including any fees or commissions paid by insurers providing reinsurance.
History of Section.P.L. 2001, ch. 83, § 1; P.L. 2001, ch. 242, § 1.
Structure Rhode Island General Laws
Chapter 27-20.7 - Third Party Health Insurance Administrators
Section 27-20.7-1. - Short title.
Section 27-20.7-2. - Definitions.
Section 27-20.7-3. - Written agreement.
Section 27-20.7-4. - Payments to administrator.
Section 27-20.7-5. - Maintenance of records.
Section 27-20.7-6. - Approval of advertising.
Section 27-20.7-7. - Responsibilities of the insurer.
Section 27-20.7-8. - Premium collection and payment of claims.
Section 27-20.7-9. - Compensation to the administrator.
Section 27-20.7-10. - Notice and disclosure of charges and fees.
Section 27-20.7-11. - Delivery of materials.
Section 27-20.7-12. - Certificate of authority required.
Section 27-20.7-13. - Waiver of application for certification.
Section 27-20.7-14. - Annual report and filing fee.
Section 27-20.7-15. - Grounds for suspension or revocation of certificate of authority.
Section 27-20.7-16. - Unauthorized third party administrator business.