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TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE SUBCHAPTER z: ACCIDENT AND HEALTH INSURANCE PART 2051 PREFERRED PROVIDER PROGRAM ADMINISTRATORS SECTION 2051.40 ADMINISTRATORS NOT TO ASSUME UNDERWRITING RISK
Section 2051.40 Administrators Not to Assume Underwriting Risk
An administrator may negotiate and make arrangements with providers in compliance with Article XX½ of the Illinois Insurance Code, and market and otherwise make available such arrangements to insurance companies, health service corporations, fraternal benefit societies or self-insuring employers or health and welfare trust funds and to their subscribers; provided however, that in performing such functions the administrator shall not accept any underwriting risk in the form of a premium or capitation payment for its services. |