N.Y. Insurance Law § 4710: Additional filing requirements and annual report

§ 4710. Additional filing requirements and annual report. (a) The

governing board of the municipal cooperative health benefit plan shall:

(1) file for approval with the superintendent a description of

material changes in any information provided in the application for

certificate of authority in the form and manner prescribed by the

superintendent;

(2) annually, not later than one hundred twenty days after the close

of the plan year, file a report with the superintendent showing the

financial condition and affairs of the plan (including an annual

independent financial audit statement and independent actuarial opinion)

as of the end of the preceding plan year, in such form and providing

such other information as the superintendent may prescribe and in

compliance with section three hundred seven of this chapter; and

(3) file a report each quarter with the superintendent describing the

plan's current financial status and providing such information as the

superintendent may prescribe.

(b) The plan's annual report shall be furnished to all municipal

corporations and to unions which are the exclusive collective bargaining

representatives of employees covered by the municipal cooperative health

benefit plan and shall be made available for inspection by any employee

or retiree covered under the plan.