Missouri § 376.968 Administration of pool by insurer or insurers by competitive bids — insurer's qualifications — board to establish criteria for bid content.

Missouri Statutes

§ 376.968 — Administration of pool by insurer or insurers by competitive bids — insurer's qualifications — board to establish criteria for bid content.

Missouri § 376.968

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 376Life, Health and Accident Insurance

This text of Missouri § 376.968 (Administration of pool by insurer or insurers by competitive bids — insurer's qualifications — board to establish criteria for bid content.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 376.968 (2026).

Text

The board shall select an insurer, insurers, or third-party administrators through a competitive bidding process to administer the pool. The board shall evaluate bids submitted based on criteria established by the board which shall include:

(1)The insurer's proven ability to handle individual accident and health insurance;

(2)The efficiency of the insurer's claim-paying procedures;

(3)An estimate of total charges for administering the plan;

(4)The insurer's ability to administer the pool in a cost-efficient manner.

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The board shall select an insurer, insurers, or third-party administrators through a competitive bidding process to administer the pool. The board shall evaluate bids submitted based on criteria established by the board which shall include:

(1) The insurer's proven ability to handle individual accident and health insurance;

(2) The efficiency of the insurer's claim-paying procedures;

(3) An estimate of total charges for administering the plan;

(4) The insurer's ability to administer the pool in a cost-efficient manner.