Illinois Statutes

§ 2-3 — Powers of health maintenance organizations

Illinois·Topic REGULATION·Ch. 215 INSURANCE·Act 215 ILCS 125/ Health Maintenance Organization Act.·Art. Article II - Certificate Of Authority, General Corporate And Financial Requirements

The powers of a health maintenance organization include, but are not limited to the following:

(a)The purchase, lease, construction, renovation, operation, or maintenance of hospitals, medical facilities or both, and their ancillary equipment, and such property as may reasonably be required for its principal office or for such other purposes as may be necessary in the transaction of the business of the organization.
(b)The making of loans to a medical group under contract with it and in furtherance of its program or the making of loans to a corporation or corporations under its control for the purpose of acquiring or constructing medical facilities at hospitals or in furtherance of a program providing health care services for enrollees.
(c)The furnishing of health care services through

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Legislative History

(Source: P.A. 103-104, eff. 1-1-24 .)

Nearby Sections

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