230 R.I. Code R. 230-RICR-20-15-1.13

Current through December 3, 2024
Section 230-RICR-20-15-1.13 - Revocation or Termination of Authority
A. Any of the following shall be considered good cause for revocation or termination of the authority to operate a group self-insurer;
1. failure to comply with any of the rules herein;
2. failure to comply with any order of the Department;
3. failure to comply with any of the provisions of the workers' compensation law with particular reference to those relating to time and method of compensation payments, the furnishing of medical treatment and the filing of accident and compensation reports;
4. failure to pay any assessment or penalty;
5. failure to maintain required reserves, security deposits and excess insurance coverage;
6. failure to maintain proper fiscal control over the plan's assets;
7. failure to provide proper claims adjusting, underwriting, and safety engineering services.
B. The Department shall give written notice of such revocation or termination to the trustees or administrator. The group self-insurer shall have fifteen (15) days from the date of mailing of the notice to request a hearing on revocation or termination. Failure to mail a request for hearing within the time prescribed shall result in the revocation or termination becoming effective thirty (30) days after the date of mailing of the original notice. In no event shall revocation or termination become effective prior to the date that a hearing on the question is scheduled.

230 R.I. Code R. 230-RICR-20-15-1.13