Chapter 6. DEPARTMENT OF INSURANCE AND FINANCIAL INSTITUTIONS - INSURANCE DIVISION

page 9

page 9

page 9

page 9

page 9

page 9

page 9

page 9

The definitions in A.R.S. § 20-3501 and the following definitions apply to this Article: “Arizona Mental Health Parity Act” means the statutes found at A.R.S. §§ 20-3501 through 20-3505. “Coverage unit” has the meaning prescribed at 45 CFR § 146.136(a) “Coverage unit.” “Departmen…

A. Health care insurers subject to the reporting requirement. A health care insurer that issues health plans in Arizona is required to file the reports required by this Section with the Department. B. Health plans subject to reporting. A health care insurer shall submit a report …

A. Method of reporting. A health care insurer that issues health plans in Arizona and whose policy forms are not exempt from the form filing requirement shall demonstrate its compliance with the FR and QTL parity requirements of MHPAEA through its form and rate filings with the D…

According to A.R.S. § 20-3502(F), the Department is not prohibited from otherwise requesting information or data that is necessary to verify compliance with MHPAEA and the Arizona Mental Health Parity Act. Historical Note New Section made by final rulemaking at 28 A.A.R. 1824 (Ju…

According to A.R.S. § 20-3502(G), all documents, reports, or other materials provided to the Department under this Article are confidential and are not subject to disclosure and are subject to the restrictions of A.R.S. § 20-157.01(B). Historical Note New Section made by final ru…

page 9

page 9

page 9

page 9

page 9

page 9

page 9

page 10

page 10

page 10

A. “The Act” means the Insurance Holding Company Systems Act, A.R.S. §§ 20-481 through 20-481.32. B. “Executive officer” means chief executive officer, chief operating officer, chief financial officer, treasurer, secretary, controller, and any other individual performing function…

A. A person required to file a statement pursuant to A.R.S. § 20-481.02 shall furnish the required information on Form A, attached hereto as Appendix A and on Form E, attached hereto as Appendix E, and described in subsections (D) and (E) of this Section. B. The applicant shall p…

A. An insurer required to file an annual registration statement pursuant to A.R.S. § 20-481.09 shall furnish the required information on Form B, attached hereto as Appendix B, in accordance with the instructions contained in Appendix G. B. Amendments to Form B shall be filed in t…

An insurer required to file an annual registration statement pursuant to A.R.S. § 20-481.09 is also required to furnish information required on Form C, attached hereto as Appendix C. Historical Note Adopted effective February 22, 1993 (Supp. 93-1). R20-6-1404 recodified from R4-1…

A. Any authorized insurer may file a registration statement on behalf of any affiliated insurer or insurers which are required to register under A.R.S. § 20-481.09. A registration statement may include information not required by the Act regarding any insurer in the insurance hol…

A. A disclaimer of affiliation or a request for termination of registration claiming that a person does not, or will not upon the taking of some proposed action, control another person, hereinafter referred to in this rule as the “subject,” shall contain the following information…

A. An insurer required to give notice of a proposed transaction pursuant to A.R.S. § 20-481.12 shall furnish the required information on Form D, attached hereto as Appendix D, in accordance with the instructions in Appendix G. B. Agreements for cost sharing services and managemen…

A. The ultimate controlling person of an insurer required to file an enterprise risk report pursuant to A.R.S. § 481.10(D) shall furnish the required information on Form F, attached hereto as Appendix F. B. The lead state Commissioner has the discretion to exempt the ultimate con…

A. Requests for approval of extraordinary dividends or any other extraordinary distribution to shareholders shall include the following: 1. The amount of the proposed dividend; 2. The date established for payment of the dividend; 3. A statement as to whether the dividend is to be…

page 10

The factors set for in A.R.S. §§ 20-481.01(F) and 20-481.24 are not intended to be an exhaustive list. In determining the adequacy and reasonableness of an insurer’s surplus no single factor is necessarily controlling. The Director instead will consider the net effect of all of t…

page 10

page 10

page 10

page 10

page 10

page 10

page 10

page 10

page 10

page 10

page 10

page 10

page 10