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Idaho Statutes Title 41. Insurance § 41-6004. Plan of operation

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<Section effective until July 1, 2024.>

(1) The board shall submit to the director a plan of operation and thereafter any amendments thereto.  The plan of operation, and any amendments thereto, shall become effective upon written approval by the director.  If the board fails to submit a suitable plan of operation, the director shall adopt and promulgate a temporary plan of operation.

(2) The plan of operation shall:

(a) Identify methodology and procedures for determining assessments to the carriers that are fair and equitable;

(b) Establish procedures for the director to collect assessments from carriers to fund vaccine purchases by the state of Idaho;  and

(c) Provide for any additional matters necessary for the implementation and administration of the fund.

(3) Administrative cost associated with the creation and amending the plan of operation shall be paid out of the fund.

Cite this article: - Idaho Statutes Title 41. Insurance § 41-6004. Plan of operation - last updated January 01, 2020 |

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