- (a) Every license and HMO appointment issued under this part shall be valid for the calendar year when issued, and each HMO appointment must be renewed biennially on even-numbered years contemporaneous with life and/or disability insurance agent appointments under Arkansas Code § 23-64-219(c).
- (b) HMO agent licenses will be renewed when the State Insurance Department receives the appointment forms, Form I-45, the HMO appointment fees, and any ALF fees due or overdue from the HMO agent or agency.
- (c) The amount of fees filed for licenses issued in odd-numbered years will vary.
- (d) In addition, each resident HMO agent who is not otherwise exempt must file certifications and the accompanying 23 CAR pt. 22 fee for timely compliance with continuing education hours as mandated by Continuing Education for Producers and Adjusters, 23 CAR pt. 18, as amended or hereinafter amended, to be eligible for renewal licensure.
Codification Notes: “HMO” means health maintenance organization. "ALF" means agent license fee.