2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 521F - RISK=BASED CAPITAL REQUIREMENTS FOR HEALTH ORGANIZATIONS
521F.8 - CONFIDENTIAL HEARINGS.

        521F.8  CONFIDENTIAL HEARINGS.
         1.  A health organization receiving a notification pursuant to
      subsection 2 is entitled to a confidential hearing before the
      insurance division, at which the health organization may challenge a
      determination or action by the commissioner.  Upon receipt of the
      health organization's request for a hearing, the commissioner shall
      set a date for the hearing, which shall be not less than ten and not
      more than thirty days after the date of the health organization's
      request.
         2.  A health organization shall notify the commissioner of the
      health organization's request for a confidential hearing within five
      days after the occurrence of any of the following:
         a.  Notification to a health organization by the commissioner
      of an adjusted risk-based capital report.
         b.  Notification to a health organization by the commissioner
      of both of the following:
         (1)  That the health organization's risk-based capital plan or
      revised risk-based capital plan is unsatisfactory.
         (2)  That the notification pursuant to this paragraph constitutes
      a regulatory-action-level event with respect to the health
      organization.
         c.  Notification to a health organization by the commissioner
      that the health organization has failed to adhere to its risk-based
      capital plan or revised risk-based capital plan and that the failure
      has a substantial adverse effect on the ability of the health
      organization to eliminate the company-action-level event in
      accordance with its risk-based capital plan or revised risk-based
      capital plan.
         d.  Notification to a health organization by the commissioner
      of a corrective order with respect to the health organization.  

         2000 Acts, ch 1050, §8; 2000 Acts, ch 1232, §81
         Referred to in § 521F.4, 521F.5, 521F.6, 521F.7