NOTICE OF ADOPTION- Chapter 85, Group Health, Dental, Accident, and Life Insurance Under the Intergovernmental Risk Management Act

Chapter 85 of the Insurance Department Rules has now been filed with the Secretary of State for adoption.

Chapter 85 entitled, “GROUP HEALTH, DENTAL, ACCIDENT, AND LIFE INSURANCE UNDER THE INTERGOVERNMENTAL RISK MANAGEMENT ACT” was adopted to implement the provisions of NEB. REV. STAT. §§44-4308 and 44-4314 granting the Director of Insurance rulemaking authority to adopt and promulgate rules and regulations. The regulation carries out the provisions of the Intergovernmental Risk Management Act pertaining to group health, dental, accident, and life insurance, including matters such as the application for a certificate of authority, reserves, dividends, claims processing, modifications to the program, and periodic reports.

The rule was filed with the Secretary of State on April 30, 2009, with an implementation date of May 5, 2009.

Copies of Chapter 85 may be obtained by forwarding a check in the amount of $4.50 for each copy requested made payable to the Nebraska Department of Insurance, 941 O Street, Suite 400, Lincoln, Nebraska 68508, and at no cost through the Department’s web site at Questions concerning Chapter 85 should be directed to Eric Dunning at (402) 471-2201.