The Division is seeking comments on the following draft proposed amended regulation and draft new bulletin:
The purpose of this regulation is to clarify the information to be filed under the provisions of § 10-3-903.5(7)(c), C.R.S., by Multiple Employer Welfare Arrangements (MEWAs) claiming exempt status from formal licensing requirements. Further, this regulation is intended to clarify the application requirements under the provisions of § 10-3-903.5(7)(d) by a MEWA seeking a waiver to operate in Colorado. This regulation also clarifies the responsibilities of licensed producers with respect to MEWAs.
This regulation is being amended to include filing requirements applicable to MEWAs seeking a waiver under § 10-3-903.5(7)(c), C.R.S., pursuant to Senate Bill 21-063.
The purpose of this bulletin is to further clarify the Division's position regarding the application of Colorado’s laws to MEWAs that are granted a waiver by the Commissioner in accordance with § 10-3-903.5(7)(d), C.R.S.
The Division is requesting informal comments be submitted to DORA_INS_RulesandRecords@state.co.us no later than 5 PM, January 4, 2022.
This draft regulation and bulletin, as well as other draft regulations and bulletins currently released for informal public comment, can be found on our page for Draft Regulations and Bulletins for Informal Comments.