601.85 Accounting, reports, and audits.
(1) Accounting. The commissioner shall keep an accounting for each benefit year of all of the following:
(a) Funds appropriated for reinsurance payments and administrative and operational expenses.
(b) Requests for reinsurance payments received from eligible health carriers.
(c) Reinsurance payments made to eligible health carriers.
(d) Administrative and operational expenses incurred for the healthcare stability plan.
(2) Reports. By November 1 of the calendar year following the applicable benefit year or by 60 days following the final disbursement of reinsurance payments for the applicable benefit year, whichever is later, the commissioner shall make available to the public a report summarizing the healthcare stability plan's operations for each benefit year by posting the summary on the office's Internet site.
(3) Legislative auditor. The healthcare stability plan is subject to audit by the legislative audit bureau. The commissioner shall ensure that its contractors, subcontractors, or agents cooperate with any audit of the healthcare stability plan performed by the legislative audit bureau.
History: 2017 a. 138, 370.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 601 - Insurance — administration.
601.04 - Certificate of authority; fee.
601.13 - Financial services; deposits.
601.16 - Official seal and signature.
601.19 - Organization of the office.
601.20 - Advisory councils and committees.
601.32 - Supervision of industry, supplementary fee.
601.33 - Exemption from taxation.
601.41 - General duties and powers.
601.415 - Miscellaneous duties.
601.423 - Social and financial impact reports.
601.43 - Examinations and alternatives.
601.44 - Conducting examinations.
601.46 - Commissioner's records and reports.
601.465 - Nondisclosure of information.
601.48 - Participation in organizations.
601.51 - Provision of certified copies and notices.
601.55 - Nondomestic insurers; additional requirements.
601.56 - Study and rules on standards for health insurers.
601.57 - Study and rules on health insurance identification cards.
601.58 - Interstate insurance product regulation compact.
601.61 - Auxiliary procedural powers.
601.63 - Notice and effective date of orders.
601.64 - Enforcement procedure.
601.65 - Marketing firm forfeitures.
601.71 - Enforcement of policyholder rights.
601.715 - Registered agent for service of process.
601.72 - Service of process through state officer.
601.73 - Procedure for service of process through state officer.
601.80 - Definitions; healthcare stability plan.
601.83 - Healthcare stability plan; administration.
601.85 - Accounting, reports, and audits.
601.952 - Information security program.
601.953 - Investigation of cybersecurity event.