2016 Iowa Code
Title XIII - COMMERCE
Chapter 509A - GROUP INSURANCE FOR PUBLIC EMPLOYEES
Section 509A.14 - Approval of self-insurance plans.
509A.14
Approval of self-insurance plans.
The commissioner of insurance shall adopt rules for self-insurance plans for life insurance and accident and health insurance for a political subdivision of the state or a school corporation. The rules adopted shall include, but are not limited to, the following:
1. A requirement that the plan shall include all coverages and provisions that are required by law in insurance policies for the type of risk that the self-insurance plan is intended to cover.
2. A requirement that if the resources of the plan are inadequate to fully cover a claim under the plan, then the public body is liable for any portion of the claim that is left unpaid.
85 Acts, ch 251, §2; 92 Acts, ch 1162, §12; 93 Acts, ch 88, §9
Referred to in §296.7, §331.301, §364.4
Disclaimer: These codes may not be the most recent version. Iowa may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
