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Code · Wisconsin · Chapter 601 — Insurance — administration

601.42 Reports and replies.

257 words·~1 min read·/wi/chapter-601/601-42-2

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601.42 Reports and replies.
(1g)Reports. The commissioner may require any of the following from any person subject to regulation under chs. 600 to 655 :
(a)Statements, reports, answers to questionnaires and other information, and evidence thereof, in whatever reasonable form the commissioner designates, and at such reasonable intervals as the commissioner chooses, or from time to time.
(b)Full explanation of the programming of any data storage or communication system in use.
(c)That information from any books, records, electronic data processing systems, computers or any other information storage system be made available to the commissioner at any reasonable time and in any reasonable manner.
(d)Statements, reports, answers to questionnaires or other information, or reports, audits or certification from a certified public accountant or an actuary approved by the commissioner, relating to the extent liabilities of a health maintenance organization insurer are or will be liabilities for health care costs for which an enrollee or policyholder of the health maintenance organization is not liable to any person under s. 609.91 .
(1r)Reports by individual practice associations. The commissioner may by rule require that an individual practice association submit to the commissioner information reasonably necessary to determine the financial condition of the individual practice association. The information required under this subsection may include, but is not limited to, financial statements of the individual practice association, except the commissioner may not require members of the individual practice association or other health care providers who contract with the individual practice association to submit individual financial statements.
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