Any violation of §§ 58-33-102 to 58-33-108, inclusive, is mitigated, and the division shall reduce or eliminate any sanction otherwise applicable, if a licensee or other person demonstrates all of the following:
- (1) The licensee or other person maintained supervisory procedures and controls that complied with § 58-33-112;
- (2) The violation occurred despite the maintenance of those procedures and controls;
- (3) The licensee or other person promptly reported the health benefit plan to the MEWA contact once the licensee or other person had actual knowledge that it was unauthorized health insurance; and
- (4) The licensee or other person took prompt corrective action.
Source: SL 2007, ch 292 , § 18.