2023 Louisiana Laws › Revised Statutes › Title 22 - Insurance › §22:1204. Board of directors

RS 22:1204 - Board of directors
A. The board of directors shall be composed of the commissioner of insurance or his designee, who shall serve as an ex officio, nonvoting member of the board, and twelve members to be selected from the groups and in the manner as follows:
(1) A representative of a domestic insurance company which is a member of the Louisiana Insurers Conference, selected by the conference.
(2) A representative of a foreign insurance company doing business in the state of Louisiana which is a member of America's Health Insurance Plans, selected by the association.
(3) A representative of a domestic nonprofit health service and indemnity plan, selected by the commissioner.
(4) A representative of a health maintenance organization domiciled and doing business in the state of Louisiana, selected by the commissioner.
(5) A representative of the Louisiana Hospital Association, selected by the association.
(6) A representative of the Louisiana State Medical Society, selected by the society.
(7) A representative of the Louisiana Association of Life Underwriters, selected by the association.
(8) The chairman of the Senate Committee on Insurance, or his designee, who shall serve as an ex officio, nonvoting member.
(9) The chairman of the House Committee on Insurance, or his designee, who shall serve as an ex officio, nonvoting member.
(10)(a) Three consumer representatives, selected as follows:
(i) One consumer representative of the Louisiana Health Care Campaign, selected by that organization.
(ii) One consumer representative, selected by the commissioner from a list of persons compiled from recommendations made by any interested group, who at the time of selection is a member of or eligible for membership in the plan.
(iii) One representative of the business community, selected by the commissioner from a list of persons compiled by recommendations by any interested group.
(b) The commissioner shall make all diligent efforts to make selections from these three groups that will represent a racial, ethnic, and gender reflection of the state for the board of directors.
(11) Repealed by Acts 2004, No. 368, §2, eff. June 23, 2004.
B. Each member of the board other than the commissioner shall serve a term of three years; provided that initially four members shall serve a term of two years and four members shall serve a term of one year, as determined by the board. Members shall serve without compensation but may be reimbursed from the assets of the plan for expenses incurred by them as members of the board of directors.
C. The board shall elect one of its members to serve as chairman for a one year term and may elect such other officers as the board deems necessary to fulfill its duties under this Subpart, all to serve terms concurrent with that of the chairman.
D. Any vacancy on the board shall be filled for the remaining period of the term in the same manner as the initial appointments were made. The commissioner or the board may fill any vacancy on the board in accordance with the requirements of Subsection A of this Section if the vacancy is not filled within sixty days of its occurrence by the appropriate appointing authority as provided in Subsection A of this Section.
E. The board may make and alter bylaws governing the terms of office of directors, the meetings of the directors, and any other provision not inconsistent with the provisions of this Subpart.
F. The board shall submit a written report of the operation of the plan to the commissioner and to the Senate Committee on Insurance and House Committee on Insurance by April first of each year.
G-J. Repealed by Acts 1997, No. 1154, §3, eff. Jan. 1, 1998.
Acts 1990, No. 131, §1, eff. Sept. 1, 1990; Acts 1991, No. 574, §1, eff. July 16, 1991; Acts 1992, No. 377, §1, eff. June 17, 1992; Acts 1997, No. 1154, §3, eff. Jan. 1, 1998; Acts 1999, No. 163, §1; Acts 2004, No. 368, §§1, 2, eff. June 23, 2004; Acts 2008, No. 21, §1; Redesignated from R.S. 22:234 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.
NOTE: Former R.S. 22:1204 redesignated as R.S. 22:1624 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.