During September of each year, each participating company must supply the program administrator with a certified list of all state employees who have an insurance premium deduction through each payroll system. The list must contain the same information as required in 46.3(2)"d," and will be used by the state to determine if the company has 500 employees participating in the program.
If the minimum qualification is not being maintained, written notification will be provided to the company, giving the company 90 days to meet the minimum qualification. If, at the end of the 90-day period, the minimum qualification has not been attained, the insurance premium deduction for all participating employees in that company will be terminated.
The program administrator will provide a copy of the certified list for each payroll system to the officer in charge of that payroll system for verification of employee status.
Iowa Admin. Code r. 11-46.12