521F.10 - SUPPLEMENTAL PROVISIONS -- RULES -- EXEMPTION.
521F.10 SUPPLEMENTAL PROVISIONS -- RULES -- EXEMPTION. 1. This chapter shall not preclude or limit any other powers or duties of the commissioner under insurance laws including but not limited to chapter 507C. 2. The commissioner may adopt rules pursuant to chapter 17A as are necessary for the administration of this chapter. 3. The commissioner may exempt from filing a risk-based capital report a domestic health organization which writes direct business only in this state and satisfies any of the following: a. Writes direct annual premiums of one hundred thousand dollars or less, and does not assume reinsurance in excess of five percent of direct annual premiums written. b. Is authorized to do business pursuant to chapter 514 and writes direct annual premiums of one hundred thousand dollars or less. c. Is a limited health service organization that covers fewer than five hundred lives.
Section History: Recent Form 2000 Acts, ch 1050, §10