New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter IV - Financial Condition Of Insurer and Reports to Superintendent
Subchapter B - Life Insurers
Part 101 - Standards For Financial Risk Transfer Between Insurers And Health Care Providers
Section 101.7 - Filing of evidence of provider stop loss insurance
Current through Register Vol. 46, No. 39, September 25, 2024
If a health care provider elects to purchase a provider stop loss insurance policy to satisfy, in part, the requirements of this Part, the stop-loss insurer shall provide the insurer and superintendent with evidence that appropriate coverage is in effect, in the form of a certificate of insurance which shall specify:
(a) the name of the stop loss insurer which issued the policy;
(b) the policy form number;
(c) the name of the insured;
(d) the effective dates of the policy;
(e) the applicable policy limits;
(f) the applicable retention amounts and participation limits, if any; and
(g) that the terms and conditions of the insurance policy conform with all of the requirements of this Part.
