636.042 – Assets, liabilities, and investments.
636.042 Assets, liabilities, and investments.—Section 641.35 applies in its entirety to determine what assets, liabilities, and investments are acceptable for a prepaid limited health service organization. History.—s. 33, ch. 93-148.
636.043 – Annual, quarterly, and miscellaneous reports.
636.043 Annual, quarterly, and miscellaneous reports.— (1) Each prepaid limited health service organization must file with the office annually, within 3 months after the end of its fiscal year, a report verified by the oath of at least two officers covering the preceding calendar year. Any organization licensed prior to October 1, 1993, shall not be required […]
636.024 – Execution of contracts.
636.024 Execution of contracts.— (1) Every prepaid limited health services contract must be executed in the name of and on behalf of the prepaid limited health service organization by its officer, attorney in fact, employee, or representative duly authorized by the organization. (2) A facsimile signature of any executing individual may be used in lieu of an original […]
636.044 – Agent licensing.
636.044 Agent licensing.— (1) With respect to a prepaid limited health services contract, a person may not, unless licensed and appointed as a health insurance agent in accordance with the applicable provisions of the insurance code: (a) Solicit contracts or procure applications; or (b) Engage or hold herself or himself out as engaging in the business of analyzing or […]
636.025 – Validity of noncomplying contracts.
636.025 Validity of noncomplying contracts.— (1) Any prepaid limited health services contract rider, endorsement, attachment, or addendum otherwise valid which contains any condition or provision not in compliance with the requirements of this act is not thereby rendered invalid, but must be construed and applied in accordance with such conditions and provisions as they would have applied […]
636.045 – Minimum surplus requirements.
636.045 Minimum surplus requirements.— (1) Each prepaid limited health service organization must at all times maintain a minimum surplus in an amount which is the greater of $150,000 or 10 percent of total liabilities. (2) The office may not issue a certificate of authority unless the prepaid limited health service organization has a minimum surplus in an amount […]
636.026 – Construction of contracts.
636.026 Construction of contracts.—Every prepaid limited health services contract must be construed according to the entirety of its terms and conditions as set forth in the contract and as amplified, extended, or modified by any application, endorsement, attachment, or addendum. History.—s. 21, ch. 93-148.
636.046 – Insolvency protection.
636.046 Insolvency protection.— (1) Except as required in subsection (2), each prepaid limited health service organization must deposit with the department cash or securities of the type eligible under s. 641.35 which must have at all times a market value in the amount set forth in this subsection. The amount of the deposit shall be reviewed annually […]
636.027 – Delivery of contract.
636.027 Delivery of contract.—Unless delivered upon execution or issuance, a prepaid limited health services contract, certificate of coverage, or member handbook must be mailed or delivered to the subscriber or, in the case of a group prepaid limited health services contract, to the employer or other person who will hold the contract on behalf of the […]
636.047 – Officers’ and employees’ fidelity bond.
636.047 Officers’ and employees’ fidelity bond.— (1) A prepaid limited health service organization must maintain in force a fidelity bond in its own name on its officers and employees, in an amount not less than $50,000 or in any other amount prescribed by the commission. Except as otherwise provided by this subsection, the bond must be issued […]