Section 376.1518 – Net worth to be maintained, amount.
Effective – 28 Aug 2007 376.1518. Net worth to be maintained, amount. — 1. Each discount medical plan organization registered pursuant to sections* 376.1500 to 376.1532 shall at all times maintain a net worth of at least one hundred fifty thousand dollars. 2. The director may not allow a registration unless the discount medical plan […]
Section 376.1520 – Notice of changes.
Effective – 28 Aug 2007 376.1520. Notice of changes. — Each discount medical plan organization required to be registered pursuant to this section shall provide the director at least thirty days’ advance notice of any change in the discount medical plan organization’s name, address, principal business address, or mailing address. ——– (L. 2007 H.B. 818 […]
Section 376.1522 – List of providers to be maintained on website.
Effective – 28 Aug 2007 376.1522. List of providers to be maintained on website. — Each discount medical plan organization shall maintain a current list of the names and addresses of the providers with which it has contracted on a website page, the address of which shall be prominently displayed on all its advertisements, marketing […]
Section 376.1524 – Advertising and marketing materials, approval in writing required.
Effective – 28 Aug 2007 376.1524. Advertising and marketing materials, approval in writing required. — 1. All advertisements, marketing materials, brochures and discount cards used by marketers shall be approved in writing for such use by the discount medical plan organization. 2. The discount medical plan organization shall have an executed written agreement with a […]
Section 376.1500 – Definitions.
Effective – 28 Aug 2007, 2 histories 376.1500. Definitions. — As used in sections 376.1500 to 376.1532, the following words or phrases mean: (1) “Director”, the director of the department of commerce and insurance; (2) “Discount card”, a card or any other purchasing mechanism or device, which is not insurance, that purports to offer discounts […]
Section 376.1502 – Requirements for transaction of business.
Effective – 28 Aug 2007 376.1502. Requirements for transaction of business. — 1. It is unlawful to transact business in this state as a discount medical plan organization, unless the organization is a corporation, limited liability corporation, partnership, limited liability partnership or other legal entity organized under the laws of this state or, if a […]
Section 376.1504 – Registration requirements — term of registration — renewal.
Effective – 28 Aug 2007 376.1504. Registration requirements — term of registration — renewal. — 1. To register as a discount medical plan organization, an applicant shall: (1) File with the director an application on a form approved and adopted by the director; and (2) Pay to the director an application fee of two hundred […]
Section 376.1506 – Violations, penalty.
Effective – 28 Aug 2007 376.1506. Violations, penalty. — 1. If the director has a reason to believe that the discount medical plan organization is not complying with the requirements of sections 376.1500 to 376.1532, the director may examine or investigate the business and affairs of any discount medical plan organization under the authority of […]
Section 376.1508 – Processing fee — cancellation of membership, effect of.
Effective – 28 Aug 2007 376.1508. Processing fee — cancellation of membership, effect of. — 1. A discount medical plan organization may charge a reasonable one-time processing fee and a periodic charge as long as the fee is disclosed to the applicant. 2. If the member cancels the membership within the first thirty days after […]
Section 376.1510 – Prohibited acts.
Effective – 28 Aug 2007 376.1510. Prohibited acts. — A discount medical plan organization shall not: (1) Use in its advertisements, marketing material, brochures, and discount cards the terms “health plan”, “coverage”, “co-pay”, “co-payments”, “preexisting conditions”, “guaranteed issue”, “premium”, “PPO”, “preferred provider organization”, or other terms in a manner that could reasonably mislead a person […]