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Current as of January 01, 2024 | Updated by Findlaw Staff
The pool administrator shall:
(1) Perform all eligibility verification functions relating to the pool;
(2) Establish a premium billing procedure for collection of premiums from covered individuals on a periodic basis as determined by the board;
(3) Perform all necessary functions to assure timely payment of benefits to covered individuals, including:
(a) Making available information relating to the proper manner of submitting a claim for benefits to the pool and distributing forms upon which submission shall be made; and
(b) Evaluating the eligibility of each claim for payment by the pool;
(4) Submit regular reports to the board regarding the operation of the pool. The frequency, content, and form of the reports shall be determined by the board;
(5) Following the close of each calendar year, report such income and expense items as directed by the board to the board and the department on a form prescribed by the director; and
(6) Be paid as provided in the plan of operation for its expenses incurred in the performance of its services to the pool.
Cite this article: FindLaw.com - Nebraska Revised Statutes Chapter 44. Insurance § 44-4224. Pool administrator; duties - last updated January 01, 2024 | https://codes.findlaw.com/ne/chapter-44-insurance/ne-rev-st-sect-44-4224/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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