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Code · Michigan · Chapter 500 — Insurance Code of 1956

500.3545 Acquisition of obligations from another managed care entity.

80 words·~1 min read·/mi/chapter-500/500-3545

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500.3545 Acquisition of obligations from another managed care entity.
Sec. 3545.
With the director's prior approval, a health maintenance organization may acquire obligations from another managed care entity. The director shall not grant prior approval unless the director determines that the transaction will not jeopardize the health maintenance organization's financial security.
History: Add. 2000, Act 252 , Imd. Eff. June 29, 2000 ;-- Am. 2016, Act 276 , Imd. Eff. July 1, 2016
Popular Name: Act 218
Popular Name: HMO
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