Michigan Compiled Laws 218-1956-70 Chapter 70 Multiple Employer Welfare Arrangements (500.7001...500.7090)

• Section 500.7001 Definitions.
  As used in this chapter: (a) “Board” means the board of trustees of the multiple employer welfare arrangement security fund. (b) “Cash reserves” means...
• Section 500.7004 Employee Welfare Benefit Plan As Multiple Employer Welfare Arrangement; Certificate Of Authority Required; Applicability Of Chapter.
  A person shall not establish or maintain an employee welfare benefit plan which is a multiple employer welfare arrangement in this state unless the...
• Section 500.7006 Benefits To Which Authorized Mewa Limited.
  A MEWA authorized under this chapter shall be limited to providing the following benefits: (a) Medical, dental, optical, surgical, or hospital care benefits. (b)...
• Section 500.7010 Application For Certificate Of Authority; Form; Submission Of Application And Other Documents To Commissioner; Examination Of Application And Documents; Investigation; Examination Under Oath Of Certain Persons.
  (1) A person wishing to establish an employee welfare benefit plan which is a multiple employer welfare arrangement shall apply for a certificate of...
• Section 500.7011 Conditions To Issuance Of Certificate Of Authority.
  The commissioner shall not issue a certificate of authority to a MEWA unless all of the following conditions have been met: (a) The commissioner...
• Section 500.7012 Fees; Payment And Collection; Service Of Process; Designation And Purpose Of Fees.
  (1) The commissioner shall collect, and the persons affected shall pay to the commissioner, the following fees: (a) Filing fee to accompany application for...
• Section 500.7014 Issuance Of Certificate Of Authority; Refusal To Grant Certificate; Notice Of Refusal; Request For And Conduct Of Hearing.
  After examination and investigation, the commissioner shall issue a certificate of authority to the MEWA if the commissioner is satisfied that the MEWA is...
• Section 500.7018 Temporary Certificate; Organization Of Proposed Mewa; Opening Books To Commissioner; Condition To Issuance Of Final Certificate.
  (1) The MEWA, upon receipt of its initial certificate of authority, which shall be a temporary certificate, shall proceed to the completion of organization...
• Section 500.7020 Issuance Of Policies By Mewa; Premium Or Premium Deposit; Contingent Premium; Restoration Of Cash Reserves.
  (1) The policies issued by the MEWA shall provide for a premium or premium deposit payable in cash and, except as herein provided, for...
• Section 500.7022 Name Of Mewa; Proof Of Existence Of Mewa.
  No MEWA authorized under this chapter shall take any name which is the same as or closely resembles the name of any other MEWA...
• Section 500.7024 Powers Of Mewa.
  Every MEWA, unless otherwise provided, or inconsistent with this chapter, shall have power: (a) To have succession, by its name, for the term stated...
• Section 500.7026 Articles, Bylaws, And Trust Agreement Of Mewa And Amendments Thereto; Filing; Approval; Form For Trust Agreement; Notice Of Meeting; Voting Rights; Powers To Be Exercised By Board Of Trustees; Restrictions On Trustees.
  (1) The articles, bylaws, and trust agreement of the MEWA and all amendments thereto shall be filed with and approved by the commissioner before...
• Section 500.7028 Duties Of Trustees; Limitation On Liability Of Trustee.
  The trustees of a MEWA shall give the attention and exercise the vigilance, diligence, care, and skill that prudent persons use in like or...
• Section 500.7030 Officers And Agents; Selection And Appointment; Authority And Duties; Removal; Bond.
  The board of trustees shall select such officers as designated in the articles or bylaws and may appoint agents as they may deem necessary...
• Section 500.7032 Compensation Of Trustee, Officer, Or Employee.
  (1) A MEWA shall not pay any salary, compensation, or emolument to any officer or trustee of the MEWA, unless the payment is first...
• Section 500.7034 Trustee Or Officer; Prohibited Conduct; Violation As Felony; Penalty.
  (1) A trustee or officer of a MEWA shall not knowingly and intentionally, directly or indirectly, receive any money or valuable thing for negotiating,...
• Section 500.7040 Financial Statements And Reports Required To Be Filed; Commingling Of Cash Reserves Prohibited.
  (1) Each MEWA transacting business in this state shall file all of the following with the commissioner: (a) Within 90 days after the end...
• Section 500.7044 Notice To Individual Covered By Plan.
  A MEWA, in connection with an employee welfare benefit plan, shall provide the following written notice to each individual covered by the plan: (a)...
• Section 500.7050 Examination Of Affairs Of Mewa; Access To Books, Records, And Documents; Examination Of Trustees, Officers, Agents, And Employees; Payment And Disposition Of Assessment.
  The commissioner, or any person appointed by the commissioner, shall have the power to examine the affairs of any MEWA, and for such purposes...
• Section 500.7060 Additional Provisions To Which Mewa Subject.
  A MEWA transacting business in this state is also subject to the following additional sections and chapters of this act, as applicable, in the...
• Section 500.7070 Certificate Of Authority; Grounds For Suspension, Revocation, Or Limitation.
  The commissioner may suspend, revoke, or limit the certificate of authority of a MEWA if the commissioner determines that any of the following conditions...
• Section 500.7074 Written Findings Of Violation; Issuance And Service Of Findings And Cease And Desist Order; Additional Orders.
  If, after a hearing, the commissioner determines that a MEWA is violating or has violated a provision of this chapter, the commissioner shall reduce...
• Section 500.7076 Violation Of Cease And Desist Order; Notice; Hearing; Civil Fine; Suspension Or Revocation Of Certificate Of Authority.
  If a MEWA violates a cease and desist order under this chapter and has been given notice and an opportunity for a hearing, the...
• Section 500.7078 Conduct Of Proceedings For Payment Of Fines Or For Suspension, Revocation, Or Limitation Of Certificate Of Authority; Appeal Of Disputed Claim; Hearing.
  (1) Proceedings for the payment of fines or for suspension, revocation, or limitation of a certificate of authority shall be conducted under the administrative...
• Section 500.7080 Multiple Employer Welfare Arrangement Security Fund; Creation; Administration; Use; Appointment, Qualifications, Terms, And Compensation Of Board Of Trustees; Powers Of Board Of Trustees; Payment Of And Accounting For Expenses.
  (1) A multiple employer welfare arrangement security fund is created within the state treasury. The fund shall be administered by a board of trustees...
• Section 500.7084 Assessments; Purpose; Limitation; Notice; Payment; Assessments As Elements Of Loss For Purpose Of Establishing Rates; Liability Of Employer Ceasing To Participate In Mewa; Certification Of Collection And Receipt Of Money From Assessments; Noting Delinquencies; Collection Of Delinquent Assessment; Transfer Of Money To State Treasurer; Treasurer Or Custodian Of Fund; Investments; Crediting Earnings From Investment.
  (1) To the extent necessary for payment of covered claims and for payments of reasonable costs of administering the fund, the commissioner shall assess...
• Section 500.7086 Security Fund As Creditor Of Insolvent Mewa; Reimbursement From Insolvent Mewa.
  The security fund after paying a covered claim to an employee or dependent shall have all the rights of a creditor of the insolvent...
• Section 500.7090 Effective Date Of Chapter.
  This chapter shall take effect July 1, 1986. History: Add. 1986, Act 121, Eff. July 1, 1986 Popular Name: Act 218

Last modified: October 10, 2016