---
kind: "section"
citation: "45 C.F.R. § 153.270"
title: "45"
number: "153.270"
heading: "HHS audits of State-operated reinsurance programs."
url: "https://uscodex.org/cfr/45/153.270"
---

# §153.270. HHS audits of State-operated reinsurance programs.

- (a) **Audits.** HHS or its designee may conduct a financial and programmatic audit of a State-operated reinsurance program to assess compliance with the requirements of this subpart or subpart B of this part. A State that establishes a reinsurance program must ensure that its applicable reinsurance entity and any relevant contractors, subcontractors, or agents cooperate with any audit under this section.
- (b) **Action on audit findings.** If an audit results in a finding of material weakness or significant deficiency with respect to compliance with any requirement of this subpart or subpart B, the State must ensure that the applicable reinsurance entity:
  - (1) Within 60 calendar days of the issuance of the final audit report, provides a written corrective action plan to HHS for approval;
  - (2) Implements that plan; and
  - (3) **Provides to HHS written documentation of the corrective actions once taken.**

## Notes

### Amendments

[79 FR 13835, Mar. 11, 2014]

### Authority

Authority: 42 U.S.C. 18031, 18041, and 18061 through 18063.

### Source

Source: 77 FR 17245, Mar. 23, 2012, unless otherwise noted.

### Amendments

[79 FR 13835, Mar. 11, 2014]