(1) Each provider sponsored health care
corporation shall obtain a certificate of authority from the Commissioner prior
to establishing, maintaining and operating a health care plan in this State. In
addition to the documents and information set forth in O.C.G.A. §
33-20-8, each provider sponsored
health care corporation must also accompany its application for a certificate
of authority with the following documents and information:
(a) A copy of the applicant's Charter or
Articles of Incorporation, and all amendments thereto;
(b) A copy of the Applicant's Bylaws or other
similar document regulating the conduct of the internal affairs of the
applicant;
(c) A list of the names,
addresses, official positions and biographical information of the persons who
are to be responsible for the conduct of affairs and day-to-day operations of
the applicant, including all members of the Board of Directors or the governing
body or committee and the principal officers of the applicant and the names and
addresses of each person entitled to cast five percent (5%) or more of the
votes for selection of members of applicant's governing body;
(d) A copy of any contract form made or to be
made between any provider, facility, class or providers and the applicant, and
a copy of any contract made or to be made between the applicant and persons
listed in subparagraph (c) above;
(e) A detailed description of the type of
benefits to be furnished, including information concerning division of benefits
into classes or kinds and reasons for division of benefits into classes and
kinds;
(f) Every contract, policy,
certificate or evidence of coverage, rider, endorsement, application or outline
of coverage which it intends to use prior to use;
1. Basic rates and rating methodology
accompanied by an actuarial certification, including assumptions upon which
proposed levels and methods of reimbursement or other considerations for the
health care services are based. The Actuarial Certification should state that
the consideration for services is adequate, and makes provision for expected
medical expenses, administrative expenses and margins for
contingencies.
(g)
Financial and other statements showing the applicant's assets, liabilities,
sources of financial support, and sources of ability to cause health care
services to be delivered to its enrollees, subscribers and covered
dependents;
(h) A statement or map
reasonably describing the counties or geographic area or areas to be served;
listings of the providers by category and specialty within those counties or
areas and such other detail as the Commissioner may reasonably require to
ensure that services are available and accessible and to ensure continuity of
service;
(i) A description of the
internal grievance procedures to be utilized for the investigation and
resolution of complaints and grievances by enrollees or subscribers and covered
dependents;
(j) A description of
the proposed quality assurance program, including the formal organizational
structure, methods for developing criteria, and procedures for comprehensive
evaluation of the quality of care rendered to enrollees, subscribers and
covered dependents;
(k) A security
deposit in the amount of at least $100,000.00 as required pursuant to O.C.G.A.
§
33-3-8(b)(1);
(l) Form GID-3 Appointment of Attorney for
Service of Process naming a natural person who is a resident of the State of
Georgia, giving business and home address;
(m) A signed agreement stating that the
provider sponsored health care corporation shall distribute certain information
on a periodic basis to enrollees and subscribers regarding wellness services
and preventive care offered by the provider sponsored health care corporation.
Such information shall be submitted to the Office of Commissioner of Insurance
for approval at least ninety (90) days before it is expected to be distributed
to enrollees and subscribers.
(2) Within one hundred eighty (180) days of
receipt of the completed application and a fee of $600.00, the Commissioner
shall issue a certificate of authority; deny said application; or provide a
written description of deficiencies in the application to the
applicant.
(3) Before a certificate
of authority can be issued, the Commissioner must be satisfied that:
(a) The persons responsible for the conduct
of the affairs of the applicant are competent and trustworthy;
(b) The provider sponsored health care
corporation has medical, administrative and financial capability to effectively
provide the range of health care services as proposed in its application on a
prepaid basis, except for copayments and/or deductibles; and
(c) The provider sponsored health care
corporation is in compliance with the applicable provisions of the Georgia
Insurance Code and the Rules and Regulations of the Georgia Insurance
Department.
(4) The
burden of proving compliance with the requirements necessary for issuance of a
certificate of authority shall be and remain on the applicant at all
times.
O.C.G.A. Secs.
33-2-9,
33-20-8.