(a) Before the commissioner issues a license to any person required to obtain a license under section four of this article, the person seeking to operate a discount medical plan organization shall demonstrate that it has a positive net worth of at least $150,000.
(b) Each discount medical plan organization shall at all times maintain a positive net worth of at least $150,000.
Structure West Virginia Code
§33-15E-4. Licensing Requirements
§33-15E-5. Minimum Capital Requirements
§33-15E-6. Surety Bond Requirements
§33-15E-8. Charges and Fees; Refund Requirements; Bundling of Services
§33-15E-9. Record Filing and Retention Requirements
§33-15E-10. Provider Agreements; Provider Listing Requirements
§33-15E-11. Marketing Requirements
§33-15E-13. Discount Prescription Drug Plan Organizations
§33-15E-14. Administrative Enforcement Actions; Injunctions
§33-15E-15. Criminal Penalties