NAIC and DFS Annual Statement Checklist and Instructions

Health Maintenance Organizations 2025-2026

(1)
Check
-list
(2)
Line #
(3)
REQUIRED FILINGS FOR THE ABOVE STATE
(4)
NUMBER OF
COPIES*
(5)
DUE DATE
(6)
FORM SOURCE**
(7)
APPLICABLE NOTES
DomesticForeign
StateNAICState
  I. NAIC FINANCIAL STATEMENTS      
 1Annual Statement (8 ½”X14”)

EF***

EO 4/1

NAIC

Note E
 1.1Printed Investment Schedule detail (Pages E01-E30)

EF***

EO 4/1

NAIC

Note E
 2Quarterly Financial Statement (8 ½” x 14”)

EF***

EO 5/15, 8/15,
11/15

NAIC

Note E
  II. NAIC SUPPLEMENTS      
 11Accident & Health Policy Experience Exhibit

EF***

EO 4/1

NAIC

 
 12Actuarial Opinion

EF***

EO 4/1

Company

 
 18Long-Term Care Experience Reporting Forms

EF***

EO 4/1

NAIC

 
 19Management Discussion & Analysis

EF***

EO 4/1

Company

 
 20Market Conduct Annual Statement Premium Exhibit for YearEF***EO 4/1NAIC 
 21Medicare Part D Coverage Supplement

EF***

EO 4/1, 5/15,
8/15,
11/15

 

NAIC

 
 22Medicare Supplement Insurance Experience Exhibit

EF***

EO 4/1

NAIC

 
 23Risk-Based Capital Report

EF***

EO 4/1

NAIC

 
 24Schedule SIS

EF***

N/A 4/1

NAIC

 
 25Supplemental Compensation Exhibit

1

N/A 4/1

NAIC

Note Q 
 26Supplemental Health Care Exhibit (Parts 1 and 2)

EF***

EO 4/1

NAIC

 
 27Supplemental Investment Risk Interrogatories

EF***

EO 4/1

NAIC

 
  III. ELECTRONIC FILING REQUIREMENTS      
 61Annual Statement Electronic Filing

xxx

EO 4/1

NAIC

 
 62March .PDF Filing

xxx

EO 4/1

NAIC

 
 63Risk-Based Capital Electronic Filing

xxx

EO 4/1

NAIC

 
 64Risk-Based Capital .PDF Filing

xxx

EO 4/1

NAIC

 
 65Supplemental Electronic Filing

xxx

EO 4/1

NAIC

 
 66Supplemental .PDF Filing

xxx

EO 4/1

NAIC

 
 67

 

Quarterly Electronic Filing

xxx

EO 5/15, 8/15,
11/15

 

NAIC

 
 68Quarterly .PDF Filing

xxx

EO 5/15, 8/15,
11/15

 

NAIC

 
 69June .PDF Filing

xxx

EO 5/31

NAIC

 
  IV. AUDIT/INTERNAL CONTROL RELATED REPORTS      
 81Accountants Letter of Qualifications (10 NYCRR 98-3.11) (11 NYCRR 89.10)

EF***

EO 4/1

Company

 
 82Audited Financial Reports

EF***

EO 4/1

Company

Note E
 83Audited Financial Reports Exemption Affidavit

1

N/A 4/1

Company

Note Q
 84Communication of Internal Control Related Matters Noted in Audit (10 NYCRR 98-3.10) (11 NYCRR 89.9)

EF***

EO 4/1Company 
 85

 

Independent CPA (Change) (10 NYCRR 98-3.5) (11 NYCRR 89.4)

1

N/A Within 60 days
of any change

Company

Note T
 86Management's Report of Internal Control Over Financial Reporting (10 NYCRR 98-3.15) (11 NYCRR 89.14)

1

N/A 4/1

Company

Note Q
 87Notification of Adverse Financial Condition (10 NYCRR 98-3.9) (11 NYCRR 89.8)

1

N/A Within 5 days of
any change

 

Company

Note Q
 88Relief from the five-year rotation requirement for lead audit partner (10 NYCRR 98-3.6(c)) (11 NYCRR89.5(c)

1

EO At least 30 days
prior to 12/31

 

Company

Note Q
 89Relief from the one-year cooling off period for independent CPA (10 NYCRR 98-3.6(j)) (11 NYCRR 89.5(j))

1

EO At least 30 days
prior to 12/31
CompanyNote Q
 90Relief from the Requirements for Audit Committees

1

EO 4/1

Company

 
 91Request for Exemption to file Management’s Report of Internal Control Over Financial Reporting

1

N/A Prior to 12/31

Company

Note Q
 92Hardship Exemption Approval (11 NYCRR 89.17(b)(4))

1

N/A 4/1

Company

Note Q
 93Change in membership of the Audit Committee (10 NYCRR 98-3.13(e)) (11 NYCRR 89.12(e))1N/A Within 30 days of any changeCompanyNote Q
  V. STATE REQUIRED FILINGS      
 101New York Annual Supplement

EF***

N/A 4/1

State

Notes C, E
 102

 

New York Quarterly Supplement

1

N/A 5/15, 8/15,
11/15

 

State

Notes C, E
 103 (a)Signed and Notarized Jurat Page (Annual NAIC Blank) 

1

N/A 4/1

NAIC

Notes G, H, L
 103 (b)Signed and Notarized Jurat Page (Annual New York Supplement) 

1

N/A 4/1

State

Notes G, H, L
 103 (c)Signed and Notarized Jurat Page (Quarterly NAIC Blank) 

1

N/A 5/15, 8/15,
11/15

NAIC

Notes G, H, L
 103 (d)Signed and Notarized Jurat Page (Quarterly New York Supplement) 

1

N/A 5/15, 8/15,
11/15

State

Note L
 104Certificate of Compliance

1

N/A

 4/15

State

Notes G, H, L
 105Filings Checklist (with Column 1 completed)

1

N/A

 4/1

State

Note L
 108Form HC-1 Electronic Filing

1

N/A

 4/30

State

Note O
 109Form IR Electronic Filing

1

N/A

 5/1

State

Note O
 110Qualifications of CPA (10 NYCRR 98-3.6(e)(2)) (11 NYCRR 89.5(e)(2))

 1

N/A

 4/1CompanyNote R
 111Change in Actuary

1

N/A

 Within 5 days of changeCompanyNote U
 112Managed Care Operations Report

N/A

N/A

 

N/A

State

Note S
 113Attestation on Segregation of Funds – Circular Letter
No. 7 (2013)

1

N/A

 4/1

Company

Note V
 114Cybersecurity Certificate of Compliance

1

N/A

 4/15

Company

Note W

*If XXX appears in this column, this state does not require this filing provided that, the data is filed electronically with the NAIC. If N/A appears in this column, the filing is required with the domiciliary state. EO (electronic only filing).

**If Form Source is NAIC, the form should be obtained from the appropriate vendor.

***If EF appears in this column, electronic filings (“EF”) to the NAIC are equivalent to filing with DFS.

NOTES AND INSTRUCTIONS (A-P apply to all filings)

ARequired Filings Contact Person:

Robert Solomon, Health Bureau
New York State Department of Financial Services
One State Street Plaza
New York, NY 10004

Email: [email protected]. When answering by email, please include telephone number.

BMail Address:N/A
CEmail Address for the New York State Department of Health:Electronic copies of both the annual and quarterly NAIC statements and the annual and quarterly New York Supplements should also be filed with the New York State Department of Health at the following email address: [email protected]
DMailing Address for Premium Tax Payments:N/A
EDelivery Instructions:

All Department filings must be filed electronically no later than the indicated due date. HMOs are not required to submit a hard copy of the electronic filing unless requested by the Department.  In addition to electronic filing to the NAIC, all HMOs are also required to file pdf copies of the fully executed Jurat pages and Certifications of Compliance etc. of the Annual and Quarterly filings directly with this Department via DFS Connect. (see Notes L and O of this Checklist for the specific instructions)

If the due date falls on a weekend or a legal holiday, then the filing must be submitted by the end of the next business day.   
 

FLate Filings:

Failure to timely file any component of an annual, quarterly or NY supplement filing would subject insurer to penalties set forth in NY Insurance Law Section 308.

New York statute does not provide for any extensions to filing deadlines for Annual Statements

GOriginal Signatures:

“Wet” or electronic signatures are required. 

See Note L for further instructions. 

HNotarization:

Appropriate notarization required on the actual document. 

See Note L for further instructions. 

IAmended Filings:

Companies must obtain the Department’s prior approval before submitting any amended statements. All amendments to your Annual and Quarterly Statement and/or New York Supplement are required to be filed electronically with the NAIC.

Note: For Amended New York Supplement filings, the entire electronic filing is required to be filed with the NAIC.

JExceptions from normal filings:Only accepted in accordance with Department’s prior approval.
KBar Codes (NAIC)Bar coding is no longer required.
LSigned and Notarized Jurat pages and Certificate of Compliance Filing:Insurers are required to file a PDF copy of the fully executed and notarized Jurat pages and Certificates of Compliance etc. of the Annual and Quarterly filings, specifically lines 103(a), 103(b), 103(c), 103(d), 104 and 105 of the checklist above, directly with this Department via DFS Connect under the appropriate category. 
MNONE Filings:All parts of the Annual Statement except those schedules identified by the use of "xxx" on the checklist and all parts of the New York Supplement for Health Maintenance Organizations must be accounted for. If there is nothing to report, you may complete the NAIC Annual Statement page entitled "Supplemental Exhibits and Schedules Interrogatories" INSTEAD OF filing duplicate reports marked "None."
NInvestment SchedulesInvestment Schedules required for all filings
OFilings new, discontinued or modified materially since last year:Instructions will be provided by the Department as needed.
PInternet Filing

Instructions concerning internet filing alternative to filing CD with New York for the New York Supplement are set forth in Insurance Circular Letter No. 4 (2001).

All companies must file national form filings (as identified in items 61, 62, 63, 64, 65, 66, 67, 68 and 69 in the checklist) with the NAIC, preferably via the Internet. By filing over the Internet or via CD with the NAIC, an insurer will have fulfilled its electronic filing requirement for national forms with New York.

QThe filings identified in Lines 25, 83, 86, 87, 88, 89, 90, 91, 92, 93 and 116

Companies are required to file electronically through DFS Connect under the appropriate category. Companies must file, with their annual statement filing, by the indicated due date, both their request for relief and the domiciliary state’s approval of that request with the New York State Department of Financial Services and the NAIC.

Lines 88 through 92: New York domestic companies wishing to apply for the New York State Department of Financial Services (DFS)’s approval of the indicated relief must do so in accordance with the requirements set forth in New York Regulation No. 118 (11 NYCRR 89).

Line 88: The application for relief from the rotation requirement (line 88) must be made to DFS via the Department’s filing portal above at least 30 days before the end of the calendar year. 

Line 92: Any application for exemption to file pursuant to New York Insurance Regulation 118 (11 NYCRR 89) must be filed with the Superintendent through the Department’s filing portal above prior to the event or period for which the exemption is being requested. A copy of DFS’s approval is to be submitted by March 1.

Line 93: Companies must provide written notice within 30 days of any change in membership of the audit committee.  The notice shall include a description of the reason for the change.

Line 116: Companies are required to only file electronically through the Department’s insurance entity filings portal under “Other” category.

RQualifications of CPA – (A statement from the company stating that the CPA does not function in the role of management, does not audit his or her own work, and does not serve in an advocacy role for the company.)Pursuant to Insurance Regulation No. 118 Section 89.5(e)(2) (11 NYCRR 89.5(e)(2)), attach the required statement to the audited annual financial statement.
SManaged Care Operations ReportHMOs that file a New York Supplement with the New York State Department of Financial Services and that file an MMCOR with the New York State Department of Health are no longer required to also file the MMCOR with DFS.
TIndependent CPA (change)

Provide updated information (name, address, telephone number and e-mail address of the new CPA) within 60 days of any change in CPA.  
The company shall obtain a letter from the CPA, and file a copy with the superintendent, stating that the CPA is aware of the provisions of the insurance law and the regulations thereunder of the state of domicile that relate to accounting and financial matters and affirming that the CPA will express his or her opinion on the financial statements in terms of their conformity to the statutory accounting practices prescribed or otherwise permitted by that insurance department, specifying such exceptions as the CPA may believe appropriate.

In addition, Companies must comply with the reporting requirements of Regulation 118, Section 89.4(c) in an event that its CPA is dismissed or resigns.  

File electronically through DFS Connect.
 

UChange in Actuary

If there is a change in actuary, the Company shall notify the New York State Department of Financial Services within five business days of the event in accordance with the NAIC Annual Statement Instructions.  

File electronically via DFS Connect.

VAttestation to Segregation of Funds

Attestation to Segregation of Funds

Insurance Circular Letter No. 7 (2013): Segregation of Funds for Certain Abortion Services on the Exchange for Enrollees who Receive Federal Funds | Department of Financial Services (ny.gov)

Under the United States Department of Health and Human Services (“HHS”) regulation a Qualified Health Plan (“QHP”) issuer must file an annual assurance with the Superintendent attesting that the QHP issuer has complied with 42 USC §18023 and all applicable regulations.

The company may file through the Department’s insurance entity filings portal noted in Note Q.

WCybersecurity Certificate of ComplianceFile electronically through the DDFS Portal.

General Instructions

For Companies to Use Checklist

Please Note: This state’s instructions for companies to file with the NAIC are included in this Checklist. The NAIC will not be sending their own checklist this year.

Electronic Filing is intended to include filing via the Internet or filing via CD with the NAIC. Companies that file with the NAIC via the Internet are not required to submit CDs to the NAIC. Companies are not required to file hardcopy filings with the NAIC.

Column (1) (Checklist)

Companies may use the checklist to submit to a state, if the state requests it. Companies should copy the checklist and place an “x” in this column when mailing information to the state.

Column (2) (Line #)

Line # refers to a standard filing number used for easy reference. This line number may change from year to year.

Column (3) (Required Filings)

Name of item or form to be filed.

The Annual Statement Electronic Filing includes the annual statement data and all supplements due March 1, per the Annual Statement Instructions. This includes all detail investment schedules and other supplements for which the Annual Statement Instructions exempt printed detail.

The March .PDF Filing is the .pdf file for annual statement data, detail for investment schedules and supplements due March 1. The Risk-Based Capital Electronic Filing includes all risk-based capital data.

The Risk-Based Capital .PDF Filing is the .pdf file for risk-based capital data.

The Supplemental Electronic Filing includes all supplements due April 1, per the Annual Statement Instructions.

The Supplemental .PDF Filing is the .pdf file for all supplemental schedules and exhibits due April 1.

The Quarterly Electronic Filing includes the complete quarterly filing and the PDF files for all quarterly data.

The Quarterly .PDF Filing is the .pdf file for quarterly statement data.

The June .PDF Filing is the .pdf file for the Audited Financial Statements.

Column (4)  (Number of Copies)

Indicates the number of copies that each foreign or domestic company is required to file for each type of form. The Blanks (E) Task Force modified the 1999 Annual Statement Instructions to waive paper filings of certain NAIC supplements and certain investment schedule detail, if such investment schedule data is available to the states via the NAIC database. The checklists reflect this action taken by the Blanks (EX4) Task Force. XXX appears in the “Number of Copies” “Foreign” column for the appropriate schedules and exhibits. Some states have chosen to waive printed quarterly and annual statements from their foreign insurers and have chosen to rely upon the NAIC database for these filings. This waiver could include supplemental annual statement filings. The XXX in this column might signify that the state has waived the paper filing of the annual statement and all supplements.

Column (5) (Due Date)

Indicates the date on which the company must file the form.

Column (6)  (Form Source)

This column contains one of three words: “NAIC,” “State,” or “Company,” If this column contains “NAIC,” the company must obtain the forms from the appropriate vendor. If this column contains “State,” the state will provide the forms with the filing instructions (generally, on the state web site). If this column contains “Company,” the company, or its representative (e.g., its CPA firm), is expected to provide the form based upon the appropriate state instructions or the NAIC Annual Statement Instructions.

Column (7) (Applicable Notes)

This column contains references to the Notes to the Instructions that apply to each item listed on the checklist. The company should carefully read these notes before submitting a filing.