§ 27-19.2-10 - Nonprofit hospital and/or medical service corporations – Responsibilities.
SECTION 27-19.2-10
§ 27-19.2-10 Nonprofit hospital and/ormedical service corporations – Responsibilities. – In accordance with their nonprofit hospital and/or medical service corporationmission, nonprofit insurers shall be required to:
(1) Offer products in the small group;
(2) Offer products in the individual market, with at leastone 30-day open enrollment period every twelve (12) months;
(3) Employ pricing strategies that enhance the affordabilityof health care coverage; and
(4) Protect the financial condition of the nonprofit hospitaland/or medical service plan.