2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 519A - MEDICAL MALPRACTICE INSURANCE
519A.4 - PLAN OF OPERATION.

        519A.4  PLAN OF OPERATION.
         1.  The association shall submit a plan of operation to the
      commissioner, together with any amendments necessary or suitable to
      assure the fair, reasonable, and equitable administration of the
      association consistent with sections 519A.2 to 519A.13.  The plan of
      operation and any amendments thereto shall become effective only
      after promulgation of the plan or amendment by the commissioner as a
      rule pursuant to section 17A.4:  Provided that the initial plan may
      in the discretion of the commissioner become effective immediately
      upon filing with the secretary of state pursuant to section 17A.5,
      subsection 2, paragraph "b", subparagraph (1).
         If the association fails to submit a suitable plan of operation
      within twenty-five days following the effective date of this chapter
      or if at any time thereafter the association fails to submit suitable
      amendments to the plan, the commissioner shall adopt rules necessary
      to effectuate sections 519A.2 to 519A.13.  Such rules shall continue
      in force until modified by the commissioner or superseded by a plan
      submitted by the association and approved by the commissioner.
         2.  The plan of operation shall provide for economic, fair and
      nondiscriminatory administration, and for the prompt and efficient
      provision of medical malpractice insurance.  The plan shall contain
      other provisions including, but not limited to, preliminary
      assessment of all members for initial expenses necessary to commence
      operations, establishment of necessary facilities, management of the
      association, assessment of members to defray losses and expenses,
      commission arrangements, reasonable and objective underwriting
      standards, acceptance and cession of reinsurance, appointment of
      servicing carriers or other servicing arrangements and procedures for
      determining amounts of insurance to be provided by the association.
         3.  All member insurers shall comply with the plan of operation.
      

         [C77, 79, 81, § 519A.4]
         Referred to in § 519A.1, 519A.2, 519A.3, 519A.5, 519A.10, 519A.13