Illinois Administrative Code
Title 50 - INSURANCE
Part 3150 - THIRD Y PRESCRIPTION ADMINISTRATORS
Section 3150.30 - Registration
Universal Citation: 50 IL Admin Code ยง 3150.30
Current through Register Vol. 48, No. 12, March 22, 2024
Each applicant for registration shall file with the Director of Insurance (Director) the following documents for each program to be administered:
a) One of the following:
1) A certification that includes the location
and identification number of the account that the third party prescription
program administrator has established and will maintain to comply with Section
512-5(1) of the Code;
2) A bond in
compliance with Section 512-5(2) of the Code; or
3) A certification setting forth the basis on
which the applicant is exempted from subsection (a)(1) or (2) in accordance
with Section 512-5 of the Code;
b) Any contracts, and any schedules attached to those contracts, that will be entered into in this State in compliance with Section 512-7 of the Code; and
c) A manual of procedures setting forth the methodology for compliance with Sections 512-6, 512-8 and 512-9 of the Code.
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