Licensing requirements

(a) A person is required to obtain a license prior to doing business in this state as a discount medical plan organization. (b) The commissioner shall propose rules for legislative approval in accordance with the provisions of article three, chapter twenty-nine-a of this code, as well as emergency rules in accordance with section fifteen of said article, setting forth the licensing requirements. These rules shall include, at a minimum: (1) All necessary forms and other information considered necessary and required by the commissioner for processing the license application; (2) Applicable fees; (3) Reciprocity requirements; (4) Time frames for the application and approval process; (5) Conditions of approval of the license application or denial of the license; (6) Renewal process; (7) Notice requirements; and (8) Any other provisions considered necessary by the commissioner to effectuate the provisions of this article.