New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter IV - Financial Condition Of Insurer and Reports to Superintendent
Subchapter B - Life Insurers
Part 101 - Standards For Financial Risk Transfer Between Insurers And Health Care Providers
Section 101.1 - Purpose

Universal Citation: 11 NY Comp Codes Rules and Regs ยง 101.1
Current through Register Vol. 46, No. 39, September 25, 2024

This Part implements, interprets and clarifies portions of chapter 586 of the Laws of 1998, which, inter alia, amended Insurance Law sections 3217-b and 4325 to permit certain insurers, effective July 1, 1999, to enter into financial risk sharing agreements with health care providers. With respect to an insurer's contractual obligations to its subscribers and required solvency, this Part addresses an insurer's obligation to assess the financial responsibility and capability of providers to perform their obligations under certain financial risk transfer agreements, and sets forth standards pursuant to which health care providers may adequately demonstrate such responsibility and capability to insurers.

Disclaimer: These regulations may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.