58-12-70. HMO net worth requirements.
The Commissioner may require an HMO to have and maintain a larger amount of net worth than prescribed in G.S. 58-67-110, based upon the principles of risk-based capital as determined by the NAIC or the Commissioner. (2001-223, s. 12.10.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 12 - Risk-Based Capital Requirements.
§ 58-12-4 - Finding; endorsement of additional capital.
§ 58-12-6 - Risk-based capital reports.
§ 58-12-11 - Company action level event.
§ 58-12-16 - Regulatory action level event.
§ 58-12-21 - Authorized control level event.
§ 58-12-25 - Mandatory control level event.
§ 58-12-35 - Confidentiality and prohibition on announcements.
§ 58-12-40 - Supplemental provisions; rules; exemptions.
§ 58-12-45 - Foreign insurers.
§ 58-12-55 - Phase-in provision.
§ 58-12-60 - Property or casualty phase-in provision.