Maine § 24-A §4216 Suspension or revocation of certificate of authority

Maine Statutes

§ 24-A §4216 — Suspension or revocation of certificate of authority

Maine·Title 24-A MAINE INSURANCE CODE·Ch. 56 HEALTH MAINTENANCE ORGANIZATIONS

1.Notwithstanding Title 4, chapter 5 and Title 5, section 10051, the superintendent may suspend or revoke a certificate of authority issued to a health maintenance organization under this chapter if the superintendent finds that any of the following conditions exist after a hearing held in accordance with Title 5, chapter 375, subchapter IV:

2.A certificate of authority shall be suspended or revoked only after compliance with the requirements of section 4219.

3.When the certificate of authority of a health maintenance organization is suspended, the health maintenance organization shall not, during the period of such suspension, enroll any additional enrollees except newborn children or other newly acquired dependents of existing enrollees and shall not engage in any advertising or solic

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1.
Notwithstanding Title 4, chapter 5 and Title 5, section 10051, the superintendent may suspend or revoke a certificate of authority issued to a health maintenance organization under this chapter if the superintendent finds that any of the following conditions exist after a hearing held in accordance with Title 5, chapter 375, subchapter IV:
2.
A certificate of authority shall be suspended or revoked only after compliance with the requirements of section 4219.
3.
When the certificate of authority of a health maintenance organization is suspended, the health maintenance organization shall not, during the period of such suspension, enroll any additional enrollees except newborn children or other newly acquired dependents of existing enrollees and shall not engage in any advertising or solicitation whatsoever.
4.
When the certificate of authority of a health maintenance organization is revoked, such organization shall proceed, immediately following the effective date of the order of revocation, to wind up its affairs, and may not conduct further business except as may be essential to the orderly conclusion of the affairs of such organization. It may not engage in further advertising or solicitation whatsoever. The superintendent may, by written order, permit such further operation of the organization as the superintendent may find to be in the best interest of enrollees, to the end that enrollees will be afforded the greatest practical opportunity to obtain continuing health care coverage.

Maine § 24-A §4216 (Suspension or revocation of certificate of authority) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

PL 1975, c. 293, §4 (AMD). PL 1975, c. 503 (NEW). PL 1977, c. 694, §434 (AMD). PL 1989, c. 842, §17 (AMD). PL 1997, c. 592, §71 (AMD). PL 1997, c. 683, §B14 (AMD). PL 1999, c. 547, §B46 (AMD). PL 1999, c. 547, §B80 (AFF). PL 2003, c. 689, §B7 (REV). RR 2021, c. 1, Pt. B, §347 (COR).