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.