No. 43134 (5-year Review): Rule R590-250. PEO Assurance Organization Designation

DAR File No.: 43134
Filed: 08/03/2018 05:24:52 PM

NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

Subsection 31A-40-303(2) authorizes the Insurance Commissioner to designate by rule one or more assurance organizations to certify the qualifications of a professional employer organization (PEO). The purpose of this rule is to establish a process by which an assurance organization can be designated to certify the qualifications of a professional provider organization.

Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

The Department of Insurance has received no written comments regarding this rule during the past five years.

Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

As long as the law allows PEOs to be qualified by an assurance organization, this rule will be necessary to provide the steps to become a designated assurance organization. Therefore, this rule should be continued.

The full text of this rule may be inspected, during regular business hours, at the Office of Administrative Rules, or at:

Insurance
Administration
Room 3110 STATE OFFICE BLDG
450 N MAIN ST
SALT LAKE CITY, UT 84114-1201

Direct questions regarding this rule to:

• Steve Gooch at the above address, by phone at 801-538-3803, by FAX at 801-538-3829, or by Internet E-mail at [e-mail]

Effective:

08/03/2018

Authorized by:

Steve Gooch, Information Specialist

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