Indiana Statutes
§ 27-13-13-5 — Use of deposit
Indiana·Title 27 INSURANCE·Art. 13 HEALTH MAINTENANCE ORGANIZATIONS·Ch. 13 Protection Against Insolvency; Deposit Requirements
(a)A deposit made by a health maintenance
organization under this chapter must be used to protect the interest of
the enrollees of the health maintenance organization.
(b)The commissioner may use the deposit for administrative costs
that are attributable to a receivership of the health maintenance
organization.
(c)If the health maintenance organization is placed in receivership,
the deposit made by the organization must be treated as an asset of the
organization subject to IC 27-9.
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Legislative History
As added by P.L.26-1994, SEC.25. Amended by P.L.208-2018,
SEC.28.
Nearby Sections
15
§ 27-1-1-1
Creation; functions§ 27-1-1-2
Insurance commissioner§ 27-1-1-3
Personnel§ 27-1-1-4
Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10
"Annual Statement Blank"§ 27-1-1.5-11
"Annual Statement Instructions"§ 27-1-1.5-12
"Current Dental Terminology"; "CDT"§ 27-1-1.5-13
"Current Procedural Terminology"; "CPT"§ 27-1-1.5-15
"Financial Analysis Handbook"§ 27-1-1.5-16
"Financial Condition Examiner's Handbook"§ 27-1-1.5-18
"Healthcare Common Procedure Coding System"; "HCPCS"