17B:27B-18 Approval of applications for certification.
18. The commissioner may approve an application for certification as a third party billing service if he finds that the applicant meets the standards established by this act, including, but not limited to, the following:
a.all of the material required by this act or by the commissioner have been filed;
b.the persons responsible for conducting the applicant's affairs are competent, trustworthy and possess good reputations, and have appropriate experience, training and education;
c.the applicant has demonstrated the ability to ensure that its services will be performed in a manner which will result in the efficient operation of its business, including, if the applicant accepts payments from benefits payers on behalf of its clients, appropriate financial controls;
d.the standard contract forms to be used by the applicant are acceptable; and
e.the applicant has adequate arrangements for complying with the provisions of P.L.1999, c.154 (C.17B:30-23 et al.).
L.2001,c.267,s.18.
Section: Previous 17b-27b-11 17b-27b-12 17b-27b-13 17b-27b-14 17b-27b-15 17b-27b-16 17b-27b-17 17b-27b-18 17b-27b-19 17b-27b-20 17b-27b-21 17b-27b-22 17b-27b-23 17b-27b-24 17b-27b-25 Next
Last modified: October 11, 2016