Current through Reg. 50, No. 187; September 24, 2024
(1) Each Multiple Employer Welfare
Arrangement ("MEWA") shall file with the Office a full and true report of its
financial condition, transactions, and affairs.
(a) An annual report covering the preceding
fiscal year shall be filed within 3 months after the end of the fiscal year,
and quarterly reports within 45 days after the end of each of its four
quarterly reporting periods.
(b)
The Office shall grant an extension of time for filing an annual or quarterly
report if there exist conditions beyond the control of the authorized MEWA,
such as rehabilitation pursuant to Chapter 631, F.S., or the laws of the state
of domicile; severe damage to the MEWA's physical premises by a natural or
man-made disaster; or some other reason of similar gravity and severity. The
request for an extension of time for filing an annual or quarterly report shall
be submitted to the Office at least 7 days before the filing is due. The
extension shall be for the amount of time reasonable to file under the
conditions which justified the extension.
(c) For purposes of this rule, the
requirement that reports be filed with the Office means that the report has
been transmitted electronically to the National Association of Insurance
Commissioners and that the executed Jurat page of said report has been
transmitted electronically to the Office via the Regulatory Electronic Filing
System, "REFS." The date affixed by the Office's electronic data processing
system shall serve as evidence of the timeliness of the report. Annual and
quarterly reports in any other format shall not be submitted to the
Office.
(2) Annual and
Quarterly Report Reporting.
Each MEWA shall submit its annual and quarterly report
information electronically to the National Association of Insurance
Commissioners in accordance with the electronic filing instructions
incorporated by reference in paragraph
69O-137.001(3)(b),
F.A.C.
(3) Manuals Adopted.
(a) Annual reports shall be prepared in
accordance with the manuals incorporated by reference in paragraph
69O-137.001(4)(a),
F.A.C.
(b) Quarterly reports shall
be prepared in accordance with the manuals incorporated by reference in
paragraph 69O-137.001(4)(b),
F.A.C.
(c) Copies of the manuals
are available:
1. From the National
Association of Insurance Commissioners at
http://www.naic.org; and,
2. For inspection during regular business
hours at the Office of Insurance Regulation, Larson Building, 200 East Gaines
Street, Tallahassee, Florida
32399-0300.
Rulemaking Authority 624.442, 624.4431 FS. Law Implemented
624.442 FS.
New 11-16-92, Formerly 4-192.048, Amended
9-28-22.
