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Examination Report - Combined - HANYS Insurance Company
Get Examination Report - Combined - HANYS Insurance Company
Ination 2 2. Description of the Company 3 A. B. C. D. E. F. G. H. I. 3. Management Territory and plan of operation Return premiums Reinsurance Holding company system Significant operating ratios Abandoned Property Law Legal expenses Service agreement 5 7 9 11 13 15 15 16 23 Financial statements 26 A. B. 26 27 Balance sheet Underwriting and investment exhibit 4. Uncollected premiums 28 5. Losses and loss adjustment expenses 29 6. Federal income taxes 30 7. Treatment of poli.
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FOJP FAQ
The director shall examine the affairs, transactions, accounts, records and assets of each authorized insurer as often as the director deems advisable. The director shall so examine each domestic insurer at least once every five years.
Being self-insured means that rather than paying an insurance company to pay medical, dental and vision claims, we pay the claims ourselves, using a third-party administrator to process the claims on our behalf.
HANYS works to ensure every New Yorker has access to affordable, high-quality care. We advance the health of individuals and communities by providing leadership, representation and service to not-for-profit and public hospitals, health systems, nursing homes and other healthcare organizations throughout New York state.
The HANYS Member Hospitals Self-Insurance Trust (“the Trust”) was created by a trust agreement between HANYS Services, Inc. (“HSI”), a for profit, wholly-owned subsidiary of the Hospital Association of New York State (“HANYS”), as trustee, and a group of HANYS member health care facilities, as Grantors of the Trust.
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