(1) When an insurer uses the services of a third party administrator, the third party administrator shall provide to covered individuals a written notice approved by the insurer that advises them of the identity of and relationship among the third party administrator, the policyholder and the insurer.
(2) When a third party administrator collects funds, the reason for collection of each item must be identified to the insured party and each item must be shown separately from any premium. Additional charges may not be made for services to the extent the services have been paid for by the insurer. [1991 c.812 §19]Section: Previous 744.720 744.722 744.724 744.726 744.728 744.730 744.732 744.734 744.736 744.738 744.740 744.800 744.802 744.804 744.806 Next
Last modified: August 7, 2008