Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 25.00 - Risk-based Capital (rbc) For Health Organizations
Section 25.09 - Supplemental Provisions; Exemption
Universal Citation: 211 MA Code of Regs 211.25
Current through Register 1531, September 27, 2024
(1) The provisions of 211 CMR 25.00 are supplemental to any other provisions of the laws of Massachusetts, and shall not preclude or limit any other powers or duties of the Commissioner under such laws, including, but not limited to M.G.L.c. 176A, §§23,33; c. 176B,§§ 13,17,21; c. 176E, §§ 13, 16; c. 176F, § 13; and c. 176G, §§ 20 and 20A.
(2) The Commissioner may exempt from the application of 211 CMR 25.00, any Domestic Health Organization which;
(a) Writes direct
business only in the Commonwealth;
(b) Assumes no reinsurance in excess of 5% of
direct premium written; and
(c)
Writes direct annual premiums for comprehensive medical business of $2,000,000
or less; and
(d) Is a limited
health service organization that covers less than 10,000 lives.
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