Nebraska § 44-6022 Supplemental provisions

Nebraska Statutes

§ 44-6022 — Supplemental provisions

Nebraska § 44-6022

Ch. 44Insurance

This text of Nebraska § 44-6022 (Supplemental provisions) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 44-6022 (2026).

Text

(1)The provisions of the Insurers and Health Organizations Risk-Based Capital Act are supplemental to any other provisions of the laws of this state and shall not preclude or limit any other powers or duties of the director under such laws, including, but not limited to, the Nebraska Insurers Supervision, Rehabilitation, and Liquidation Act.

(2)The director may exempt from the application of the Insurers and Health Organizations Risk-Based Capital Act a domestic health organization which:

(a)(i) Writes direct business only in this state;

(ii)Assumes no reinsurance in excess of five percent of direct premium written; and

(iii)Writes direct annual premiums for comprehensive medical business of two million dollars or less; or

(b)Is a limited health service organization that covers fewer

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(1) The provisions of the Insurers and Health Organizations Risk-Based Capital Act are supplemental to any other provisions of the laws of this state and shall not preclude or limit any other powers or duties of the director under such laws, including, but not limited to, the Nebraska Insurers Supervision, Rehabilitation, and Liquidation Act.
(2) The director may exempt from the application of the Insurers and Health Organizations Risk-Based Capital Act a domestic health organization which:
(a)(i) Writes direct business only in this state;
(ii) Assumes no reinsurance in excess of five percent of direct premium written; and
(iii) Writes direct annual premiums for comprehensive medical business of two million dollars or less; or
(b) Is a limited health service organization that covers fewer than two thousand lives.

Legislative History

Source: Laws 1993, LB 583, § 34; Laws 1994, LB 978, § 43; Laws 1999, LB 258, § 27. Cross References: Nebraska Insurers Supervision, Rehabilitation, and Liquidation Act, see section 44-4862.