(e) The entity that is seeking to obtain a certificate of registration to act as a purchasing alliance shall file with the commissioner the following information or documents:

1. (1) At the time of initial registration, the entity shall provide a written description as to how the entity intends to meet the public policy objectives of increased access and improved quality of health care services.

   The written description shall also demonstrate that the purchasing alliance will have the technical expertise and physical capacity to serve employers or small employers and their eligible employees in this state.

   The written description shall also describe the scope of services to be offered in this state and the resources and expertise to be used to implement and administer those services.

2. (2) Current partnership agreements, articles of incorporation, trust documents, or similar documents establishing the group.
3. (3) Current bylaws of the group.
4. (4) A statement of grievance procedures relative to the eligibility, enrollment, premium collection, and administrative services provided by the alliance.
5. (5) A statement of enrollment procedures and requirements, including participation and contribution rules and requirements.
6. (6) A statement of disenrollment criteria and procedures.
7. (7) A statement of payment procedures, late payment procedures, and grace periods.
8. (8) A purchasing alliance shall demonstrate to the satisfaction of the commissioner that its governance makes it an appropriate and effective representative of employers or small employers and their eligible employees’ interests throughout this state. A purchasing alliance shall organize and facilitate competition between multiple unaffiliated carriers.

9. (9) A list of owners, partners, officers, and directors of the applicant and the contracted management company or third-party administrator, if such are employed, and personal biographical information or firm descriptions for each. The owners, partners, officers, directors, and contracted managers and administrators shall not have a prior record of administrative, civil, or criminal violations within any financial service industry.

   The personal biographical information and firm descriptions shall demonstrate by clear and convincing evidence that those involved in the operation of the alliance have the expertise, experience, and character to effectively and professionally represent employers or small employers and their eligible employees in a fiduciary capacity.

10. (10) Evidence of adequate security and prudence in the accounting, deposit, collection, handling, and transfer of moneys. A purchasing alliance shall affirmatively demonstrate adequate financial controls to the satisfaction of the commissioner as a condition of being issued a certificate of registration.
11. (11) A description of the employers or small employers and their eligible employees to which the purchasing alliance will be marketing. A purchasing alliance shall demonstrate to the satisfaction of the commissioner that it will fairly and affirmatively offer, market, and sell all of its available small employer health benefit plan products to all small employers throughout all the service regions in this state.
12. (12) Disclosure of any preexisting oral or written agreements.
13. (13) Any other information required by the commissioner deemed pertinent to the policies and operation of the alliance.