Louisiana § 22:638 Hearings

Louisiana Statutes

§ 22:638 — Hearings

Louisiana § 22:638

Title 22Insurance

This text of Louisiana § 22:638 (Hearings) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

La. Stat. Ann. § 22:638 (2026).

Text

Upon the occurrence of any of the following events, the health organization shall have the right to demand a hearing in accordance with Chapter 12 of this Title, R.S. 22:2191 et seq. The events include:

(1)Notification to a health organization by the commissioner of an adjusted risk-based capital report.

(2)Notification to a health organization by the commissioner that both of the following apply:

(a)The health organization's risk-based capital plan or revised risk-based capital plan is unsatisfactory.

(b)Notification constitutes a regulatory-action level event with respect to the health organization.

(3)Notification to a health organization by the commissioner that the health organization has failed to adhere to its risk-based capital plan or revised risk-based capital plan and that

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Upon the occurrence of any of the following events, the health organization shall have the right to demand a hearing in accordance with Chapter 12 of this Title, R.S. 22:2191 et seq. The events include:
(1) Notification to a health organization by the commissioner of an adjusted risk-based capital report.
(2) Notification to a health organization by the commissioner that both of the following apply:
(a) The health organization's risk-based capital plan or revised risk-based capital plan is unsatisfactory.
(b) Notification constitutes a regulatory-action level event with respect to the health organization.
(3) Notification to a health organization by the commissioner that the health organization has failed to adhere to its risk-based capital plan or revised risk-based capital plan and that the failure has a substantial adverse effect on the ability of the health organization to eliminate the company-action level event with respect to the health organization in accordance with its risk-based capital plan or revised risk-based capital plan.
(4) Notification to a health organization by the commissioner of a corrective order with respect to the health organization.
NOTE: Former R.S. 22:638 redesignated as R.S. 22:886 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009.

Legislative History

Acts 2003, No. 1106, §1, eff. Dec. 31, 2003; Redesignated from R.S. 22:2036.8 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2009, No. 317, §1; Acts 2009, No. 503, §1.