New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 4 - ACTUARIAL SERVICES
Subchapter 56 - SELF-FUNDED MULTIPLE EMPLOYER WELFARE ARRANGEMENTS AND INSURED MULTIPLE EMPLOYER ARRANGEMENTS
Section 11:4-56.10 - Financial examinations of self-funded MEWAs
Universal Citation: NJ Admin Code 11:4-56.10
Current through Register Vol. 56, No. 6, March 18, 2024
(a) The Commissioner may, upon reasonable notice, conduct an examination of a registered self-funded MEWA as often as he or she deems necessary in order to protect the interests of enrollees, members, providers and the residents of this State. A registered self-funded MEWA shall make its books and records available for examination by the Commissioner, and retain its records for not less than seven years.
(b) The Commissioner may commission and employ such persons to conduct or assist in conducting the examination as he or she may deem advisable.
(c) The self-funded MEWA being examined shall bear the reasonable cost of the examination.
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