2015 New York Laws
ISC - Insurance
Article 47 - (Insurance) MUNICIPAL COOPERATIVE HEALTH BENEFIT PLANS
4710 - Additional filing requirements and annual report.

  4710.  Additional  filing  requirements  and annual report. (a) The
  governing board of the municipal cooperative health benefit plan shall:
(1) file  for  approval  with  the  superintendent  a  description  of
  material  changes  in  any  information  provided in the application for
  certificate of authority in  the  form  and  manner  prescribed  by  the
  superintendent;
(2)  annually,  not later than one hundred twenty days after the close
  of the plan year, file a report  with  the  superintendent  showing  the
  financial  condition  and  affairs  of  the  plan  (including  an annual
  independent financial audit statement and independent actuarial opinion)
  as of the end of the preceding plan year, in  such  form  and  providing
  such  other  information  as  the  superintendent  may  prescribe and in
  compliance with section three hundred seven of this chapter; and
(3) file a report each quarter with the superintendent describing  the
  plan's  current  financial  status and providing such information as the
  superintendent may prescribe.
(b) The plan's annual report  shall  be  furnished  to  all  municipal
  corporations and to unions which are the exclusive collective bargaining
  representatives of employees covered by the municipal cooperative health
  benefit  plan and shall be made available for inspection by any employee
  or retiree covered under the plan.