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To: District Superintendents/Superintendents of Schools Chief School Officers of Nonpublic Schools Executive Directors of Residential Child Care Institutions Chancellor, New York City Schools School
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Section 2590-h powers refer to specific authority granted to certain entities under the New York State Insurance Law, primarily concerning the regulation and management of health insurance policies.
Entities such as health insurers, health maintenance organizations, and certain provider networks are required to file section 2590-h powers with the New York State Department of Financial Services.
To fill out section 2590-h powers, the entity must complete the designated form, providing detailed information about their operations, administrative structures, and financial standing as required by the New York State Department of Financial Services.
The purpose of section 2590-h powers is to ensure that health insurance entities comply with state regulations, maintain transparency in their operations, and protect consumers' rights.
The information that must be reported includes organizational details, financial statements, operational documentation, and any changes to the structure or management of the health insurer or provider network.
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