Kansas § 40-2d02 Risk-based capital report

Kansas Statutes

§ 40-2d02 — Risk-based capital report

Kansas § 40-2d02

Ch. 40INSURANCE

Art. 2dHEALTH ORGANIZATION RISK-BASED CAPITAL REQUIREMENTS

This text of Kansas § 40-2d02 (Risk-based capital report) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Kan. Stat. Ann. § 40-2d02 (2026).

Text

(a)Except as provided in paragraph (b), every domestic health organization shall prepare and submit to the commissioner, on or before March 1, a report of its RBC levels as of the end of the calendar year just ended in a form and containing such information as is required by the RBC instructions. In addition, every domestic health organization shall file its RBC report:

(1)With the NAIC in accordance with the RBC instructions; and

(2)with the insurance commissioner in any state in which the health organization is authorized to do business, if such insurance commissioner has notified the health organization of its request in writing, in which case, the health organization shall file its RBC report not later than the later of:

(A)15 days from the receipt of notice to file its RBC report

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Except as provided in paragraph (b), every domestic health organization shall prepare and submit to the commissioner, on or before March 1, a report of its RBC levels as of the end of the calendar year just ended in a form and containing such information as is required by the RBC instructions. In addition, every domestic health organization shall file its RBC report:
(1) With the NAIC in accordance with the RBC instructions; and
(2) with the insurance commissioner in any state in which the health organization is authorized to do business, if such insurance commissioner has notified the health organization of its request in writing, in which case, the health organization shall file its RBC report not later than the later of:
(A) 15 days from the receipt of notice to file its RBC report with that state; or
(B) the filing date otherwise specified in this subsection.
(b) The risk-based capital requirements of this section shall not apply to any health organization contracting with the Kansas department for children and families to provide services provided under title XIX and title XXI of the social security act or any other public benefits, provided the public benefit contracts represent at least 90% of the premium volume of the health organization.