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 101.8 - Provider stop loss insurance policy; notice to the superintendent
Current through Register Vol. 46, No. 39, September 25, 2024
(a) Notice to the superintendent of the termination, cancellation, or nonrenewal of the provider stop loss insurance policy and, notice of any material change to the terms of the coverage, shall be in writing and shall be mailed or delivered to the superintendent at the following address:
New York State Insurance Department
Health Bureau
25 Beaver Street
New York, NY 10004
(b) With respect to notice of termination, cancellation, nonrenewal or material change of the terms of the coverage, the notice shall be mailed or delivered to the superintendent at least 90 days prior (or 45 days for notice of cancellation for nonpayment of premium) to the effective date of the notice. A copy of the notice issued to the insured shall accompany the notice to the superintendent.