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2015-185A
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2015-185A
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Last modified
3/30/2017 4:46:31 PM
Creation date
10/16/2015 10:44:52 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
09/22/2015
Control Number
2015-185A
Agenda Item Number
8.L.
Entity Name
Florida Blue
HM Life Insurance Company
Subject
Stop Loss Insurance
Florida Blue
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FRAUD NOTICE (Please read carefully)• .: <br />In Florida, any person who knowingly and with intent to injure, defraud or deceive any insurer files a statement of claim for an <br />application containing any false, incomplete or misleading information is guilty of a felony of the third degree <br />APPLICANT UNDERSTANDS AND AGREES THAT <br />The stop loss insurance requested and requested effective date must be approved by Florida Blue as under our current rules and <br />practices All options and special requests are subject to approval from HM Life Insurance Company, administrator for Florida Blue <br />No insurance agent or broker has authority to guarantee acceptability of requested insurance coverage. <br />Our approval is subject to receipt of Disclosure Statement, the first month's premium, final census, and any other information <br />requested in connection with this application. Failure to do so will result in approval being denied or delayed until a later date <br />Receipt of a premium and its deposit in connection with the Application shall not constitute an acceptance of liability In the event that <br />Florida Blue, or our authorized agent, disapproves this Application, its sole obligation shall be to refund such sum to the Applicant. <br />Coverage will not be in effect until notified in writing from HM Life Insurance Company, administrator for Florida Blue. Do <br />not cancel prior coverage until so notified. <br />Final premium rates will be determined on the basis of Disclosure Statement, Claim Information and the actual composition of persons <br />covered by the underlying employee benefit plan on the requested effective date Should subsequent information become known <br />which, if known as of the date specified by Florida Blue, or our authorized agent, would have affected the rates, deductibles, terms or <br />conditions for coverage, we will have the right to revise the rates, deductibles, terms or conditions, by providing written notice to the <br />Applicant. The Policy, if issued, may be void, if whether before or after a claim or loss, any material fact or circumstance was <br />concealed or misrepresented on behalf of the Applicant, or if the Applicant or its Agent, committed fraud <br />A signed and dated summary plan document describing the underlying employee medical plan must be submitted within 60 days of <br />the Requested Effective Date to HM Life Insurance Company, administrator for Florida Blue. If the description of the benefits or plan <br />provisions differs from what was initially utilized to underwrite the risk, the premium rates and aggregate retention factors may be <br />subject to re -rating, retro -active to the requested effective date <br />The stop loss insurance which is the subject of this Application is a reimbursement contract, and the Applicant must first pay claims <br />and make funds available to pay claims as they become payable before submitting them for reimbursement. Oral statements not <br />expressly incorporated herein are not part of this Application. <br />Issuance of the Policy is in reliance of the data, including Disclosure Statement, census and Claim Information, submitted to us, and <br />payment of the first month's premium, subsequent premiums are due no later than the first day of each calendar month during the <br />Plan Year <br />I represent that the statements contained in this application are true and complete to the best of my knowledge and belief, and I <br />understand that they form the basis for Florida Blue's approval of the requested stop loss insurance. <br />Joseph A. Baird <br />Printed Name of Applicant's Authorized R <br />C/�l �/.6Qf J +'�2XJ i <br />resentative <br />10/05/2015 County Administrator <br />Signgti <br />
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