Kansas Statutes
Article 32 - Health Maintenance Organizations And Medicare Provider Organizations
40-3225 Fiduciary responsibilities; fidelity bond or insurance.

40-3225. Fiduciary responsibilities; fidelity bond or insurance. (a) Any director, officer or partner of a health maintenance organization or medicare provider organization who receives, collects, disburses or invests funds in connection with the activities of such organization shall be responsible for such funds in a fiduciary relationship to the health maintenance organization or medicare provider organization.
(b) A health maintenance organization shall maintain in force a fidelity bond or fidelity insurance on such employees and officers, directors and partners in the amount not less than $250,000 for each health maintenance organization or a maximum of $5,000,000 in aggregate maintained on behalf of health maintenance organizations owned by a common parent corporation, or such sum as may be prescribed by the commissioner.
History: L. 1974, ch. 181, § 25; L. 1996, ch. 169, § 10; L. 1998, ch. 174, § 27; July 1.

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Structure Kansas Statutes

Kansas Statutes

Chapter 40 - Insurance

Article 32 - Health Maintenance Organizations And Medicare Provider Organizations

40-3201 Title.

40-3202 Definitions.

40-3203 Certificate of authority required; application; contents; rules and regulations governing modifications and amendments; approval of commissioner.

40-3204 Notice that application incomplete, insufficient or unsatisfactory; issuance of certificate, when.

40-3207 Denial, suspension or revocation of certificate; administrative penalty; notice; hearing.

40-3208 Powers.

40-3209 Certificates of coverage, contracts and other marketing documents, contents, form, filing; continuation and conversion requirements; enrollee not liable to provider for amount owed; application of 40-2209 and 40-2215.

40-3210 Prepaid per capita or aggregate fixed sum contracts authorized.

40-3211 Examination of organizations and providers.

40-3212 Filings and reports as public documents.

40-3213 Fees; disposition of moneys; reporting requirements; payment of estimated fees owed; reconciliation of actual fees owed.

40-3214 Construction and relationship to other laws.

40-3215 Rules and regulations.

40-3216 Penalty.

40-3217 Operational health maintenance organizations; issuance of certificate.

40-3218 Contractual designation of persons to make recommended findings to commissioner.

40-3219 Effect of act on federal assistance.

40-3220 Annual report.

40-3221 Liability of officers.

40-3222 Use of certain words and initials prohibited.

40-3223 Open enrollment.

40-3224 Investments.

40-3225 Fiduciary responsibilities; fidelity bond or insurance.

40-3226 Confidentiality of medical information.

40-3227 Deposit requirements; waiver of deposit; plan for continuation of benefits following insolvency.

40-3228 Grievance procedures; minimum requirements.

40-3229 Prior authorization requirements for emergency medical treatment; duties and responsibilities of organization, enrollees and participating providers; resolution of disputes.

40-3230 Continuity of treatment upon termination of provider from plan.

40-3231 Uncovered expenditure deposit; amount; withdrawal, when; commissioner's duties; rules and regulations.

40-3232 Insolvent health maintenance organization; allocation of insureds to other health maintenance organizations, when; eligibility for Kansas uninsurable health insurance plan act, when.

40-3233 Rehabilitation, liquidation or conservation of health maintenance organization; commissioner's powers; priority of enrollee; distribution of assets.

40-3234 Health maintenance organization; financial condition; hearing; commissioner's powers.

40-3235 Health maintenance organization act; provisions supplemental to.

40-3236 Medical assistance fee fund; use and disposition of moneys credited to fund; reporting requirements.