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2002 SESSION

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SB 293 Health maintenance organizations; dental care.

Introduced by: Thomas K. Norment, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Health maintenance organizations; dental care; net worth. Revises the minimum net worth requirement for any health maintenance organization that provides only dental care services. Such HMOs shall be required have a net worth at least equal to the greater of (i) the lesser of $4 million or two percent of its annual gross premium income or (ii) $600,000. Currently, all HMOs must have a minimum net worth equal to the sum of its uncovered expenses, but not less than $600,000, up to a maximum of $4 million.


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