Establishes reporting requirements for out-of-state entities offering health care cost reimbursement plans for New York residents.

New York out-of-state entities offering health care cost reimbursement plans for New York residents must submit detailed reports to the superintendent. Required information includes participant numbers, provider contracts, financial details, coverage disclosures, and operational data. An officer must certify the accuracy of the submitted information. Failure to provide complete information results in penalties, including fines and potential cease-and-desist orders.

Establishes reporting requirements for out-of-state entities offering health care cost reimbursement plans for New York residents.

New York out-of-state entities offering health care cost reimbursement plans for New York residents must submit detailed reports to the superintendent. Required information includes participant numbers, provider contracts, financial details, coverage disclosures, and operational data. An officer must certify the accuracy of the submitted information. Failure to provide complete information results in penalties, including fines and potential cease-and-desist orders.