Section 200-120-240 - Standards for operations - Program changes - Notification to the state risk manager(1) All joint self-insurance programs shall operate in the same form and manner stated in the program's original application approved by the state risk manager. Programs shall submit a written request and receive approval from the state risk manager prior to implementing the following proposed program changes: (a) Any change in the terms of the ownership agreement;(b) Elimination or reduction of stop-loss insurance;(c) Acceptance of any loans or lines of credit;(d) Provision of services to nonparticipants;(e) Addition of participants of other entity types than those included in original application approved by state risk manager;(f) Any change in the program's investment guidelines.(2) The following program changes require written notification to the state risk manager prior to implementing the following changes:(a) Increases in retention level;(b) Decrease or increase insurance limits;(c) Initial contract with a third-party administrator, or change in third-party administrator;(d) Any change to ownership agreement.Wash. Admin. Code § 200-120-240
Statutory Authority: 2011 c 43. 11-23-093, recodified as WAC 200-120-240, filed 11/17/11, effective 11/17/11. Statutory Authority: Chapter 48.64 RCW, RCW 48.64.015, and 42.64.020. 11-06-001, § 82-70-240, filed 2/16/11, effective 3/19/11.