Montana Statutes

§ 33-31-403 — Supervision, Rehabilitation, Or Liquidation Of Health Maintenance Organization

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 31 HEALTH MAINTENANCE ORGANIZATIONS·Part 4 Supervision, Rehabilitation, and Liquidation

33-31-403 . Supervision, rehabilitation, or liquidation of health maintenance organization.

(1)The supervision, rehabilitation, or liquidation of a health maintenance organization is considered to be the supervision, rehabilitation, or liquidation of an insurer and must be conducted under the supervision of the commissioner pursuant to chapter 2, part 13. The commissioner may apply for an order directing the commissioner to supervise, rehabilitate, or liquidate a health maintenance organization upon any one or more grounds set out in 33-2-1321 , 33-2-1331 , or 33-2-1341 or when in the commissioner's opinion the continued operation of the health maintenance organization would be hazardous either to the enrollees or to the people of this state. Enrollees have the same priority in the event

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Legislative History

En. Sec. 19, Ch. 457, L. 1987; amd. Sec. 1253, Ch. 56, L. 2009.

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