§36-6982. Report of business activities — Annual filing.
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A. On or before March 1 of each calendar year, every prepaid vision plan organization offering coverage in this state shall file with the Insurance Commissioner a report of the business activities of the organization for the preceding calendar year. The report shall contain a notarized signature of at least two principal officers of the corporation or members of the entity.
B. A report submitted under this section shall be in the form and manner prescribed by the Commissioner and shall include:
1. A financial statement of the organization, including a copy of the balance sheet, receipts, and disbursements of the organization for the subject year certified by an independent certified public accountant. The Commissioner may accept a full report of the most recent examination of a foreign prepaid vision plan, certified to by the appropriate examining official of another state;
2. Any material changes in the information required to be provided pursuant to Section 6 of this act;
3. The number of persons who have enrolled in plans offered by the organization during the preceding year, the total number of enrollees of each plan as of the end of the year, and the number of enrollments terminated during the year;
4. The costs of all care provided and the number of enrollees who received care pursuant to the provisions of the prepaid vision plan; and
5. Any other information relating to the performance of the prepaid vision plan organization deemed necessary by the Commissioner. Added by Laws 2024, c. 360, § 11, emerg. eff. May 30, 2024.