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054.00.35-8. TERM OF LICENSE

AR ADC 054.00.35-8Arkansas Administrative Code

West's Arkansas Administrative Code
Title 054. Insurance Department
Division 00.
Rule 35. Agent License for Health Maintenance Organizations
Ark. Admin. Code 054.00.35-8
054.00.35-8. TERM OF LICENSE
Every license and HMO appointment issued under the Rule shall be valid for the calendar year when issued and each HMO appointment must be renewed biennially on even numbered years contemporaneous with life and/or disability insurance agent appointments under Ark. Code Ann. §§ 23-64-219 (c) as amended by Act 1004 of 1997. HMO agent licenses will be renewed when the Department receives the appointment forms, Forms I-45, the HMO appointment fees, and any ALF fees due or overdue from the HMO agent or agency. The amount of fees filed for licenses issued in odd-numbered years will vary. In addition, each resident HMO agent who is not otherwise exempt must file certifications and the accompanying Rule 57 fee for timely compliance with continuing education hours as mandated by the Commissioner's Rule 50, “Agents' Continuing Education”, as amended or hereinafter amended, to be eligible for renewal licensure.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 054.00.35-8, AR ADC 054.00.35-8
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