Compilation of Rules and Regulations of the State of Georgia
Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER
Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE
Subject 120-2-79 - HEALTH PLAN PURCHASING COOPERATIVES
Rule 120-2-79-.02 - Scope and Purpose
Universal Citation: GA Rules and Regs r 120-2-79-.02
Current through Rules and Regulations filed through September 23, 2024
(1) This Regulation applies to any health plan purchasing cooperative as defined in O.C.G.A. § 33-30A-1.
(2) The purposes of this Regulation include:
(a) Providing disclosure of contracts between insurance carriers and health plan purchasing cooperatives, both to potential insureds and to the Commissioner;
(b) Promoting the overall responsibility of health plan purchasing cooperatives;
(c) Subjecting persons administering health plan purchasing cooperatives to the jurisdiction of the Commissioner of Insurance; and
(d) Regulating health plan purchasing cooperatives in conformity with the general purposes of the Georgia Insurance Code.
O.C.G.A. Secs. 33-2-9, 33-30A-5, 33-30A-9.
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