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1999 SESSION

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SB 894 Health maintenance organizations; annual and financial statements.

Introduced by: Richard J. Holland | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Health maintenance organizations; annual and financial statements. Requires that annual statements, supplemental schedules, and exhibits filed by health maintenance organizations be, as far as practicable, in the form in general use in the United States and, unless otherwise prescribed by the State Corporation Commission, be prepared in accordance with appropriate instructions and publications adopted by the National Association of Insurance Commissioners. The bill also authorizes the State Corporation Commission to require a health maintenance organization to file a copy of its annual statement with the National Association of Insurance Commissioners and copies of financial statements on a quarterly basis.


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