New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 11. Insurance |
Chapter II. Agents, Brokers and Adjusters |
Part 20. Brokers, Agents and Certain Other Licensees--General (REGULATIONS 9, 18 AND 29) |
Sec. 20.5. Commissions from an HMO
Latest version.
- Any insurance broker accepting a commission, compensation, fee or allowance from a health maintenance organization (HMO), as defined in section 52.2(w) of this Title (Regulation 62), as authorized by 10 NYCRR 98.11(o) and section 52.42(e) of this Title, shall maintain and furnish to the HMO, upon request, all information concerning its arrangements with participating employers.