2005 Idaho Code - 41-4113 — EXAMINATION OF BOOKS, RECORDS AND ACCOUNTS

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 41
              JOINT PUBLIC AGENCY SELF-FUNDED HEALTH CARE PLANS
    41-4113.  EXAMINATION OF BOOKS, RECORDS AND ACCOUNTS. (1) The books,
records, accounts and affairs of a joint public agency self-funded plan shall
be subject to examination by the director, by competent examiners duly
authorized by him in writing, at such times or intervals as the director deems
advisable. The purposes of the examination shall be to determine compliance of
the plan with applicable laws, financial condition and actuarial adequacy of
its trust fund, treatment accorded beneficiaries, and as to other factors
materially related to the plan's management and operation.
    (2)  The board shall promptly make the books, records and accounts of the
plan and trust fund available in Idaho to the examiner and otherwise
facilitate the examination.
    (3)  The examiner shall conduct the examination expeditiously, make his
report of the examination in writing, and deliver a copy thereof to the board
and to the director. The board shall have four (4) weeks after receipt of the
report within which to recommend to the director such corrections or changes
therein as the board may deem appropriate. After making such corrections or
changes, if any, as he deems proper, the director shall file the report in his
office as a document open to public inspection, and deliver to the board a
copy of the report as so corrected or changed.
    (4)  Since a joint public agency self-funded plan is funded by local tax
moneys, the costs of the examination shall not be borne by the plan or trust
fund of the plan.