§ 2003 — Powers of limited health service organizations

The powers of a limited health service organization include, but are not limited to the following: (1) The purchase, lease, construction, renovation, operation or maintenance of limited health service facilities 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. (2) The making of loans to a provider 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 limited health service facilities or in furtherance of a program providing limited health services for enrollees. (3) The furnishing of limited health services through providers which are under contract with or employed by the limited health service organization. (4) The contracting with any person for the performance on its behalf of certain functions such as marketing, enrollment and administration. (5) The contracting with an insurance company licensed in this State, or with a hospital, medical, voluntary, dental, vision or pharmaceutical service corporation authorized to do business in this State, for the provision of insurance, indemnity or reimbursement against the cost of limited health service provided by the limited health service organization. (6) Rendering services related to the functions involved in the operation of its limited health service business including, but not limited to, providing limited health services, data processing, accounting, claims. (7) Indemnity benefits covering out of area or emergency services directly related to the provision of limited health service. (8) The offering of point-of-service products as authorized under Section 3009. (9) Any other business activity reasonably complementary or supplementary to its limited health service business to the extent approved by the Director.

Legislative History

(Source: P.A. 97-813, eff. 7-13-12.)