R590. Insurance, Administration.R590-290. Investment Requirements for Health Maintenance Organizations.
R590-290-1. Authority.
This rule is promulgated by the commissioner pursuant to Sections 31A-2-201 and 31A-8-103.
R590-290-2. Purpose and Scope.
(1) The purpose of this rule is to set investment requirements for a health maintenance organization.
(2) This rule applies to a health maintenance organization authorized to do business under Title 31A, Insurance Code.
R590-290-3. Definitions.
Terms used in this rule are defined in Sections 31A-1-301 and 31A-8-101.
R590-290-4. Investment Requirements for a Health Maintenance Organization.
A health maintenance organization shall comply with Title 31A, Chapter 18, Investments.
R590-290-5. Effective Date.
The commissioner will begin enforcing this rule on the rule's effective date.
R590-290-6. Severability.
If any provision of this rule, Rule R590-290, or its application to any person or situation is held invalid, such invalidity does not affect any other provision or application of this rule that can be given effect without the invalid provision or application. The remainder of this rule shall be given effect without the invalid provision or application.
KEY: insurance, health maintenance organizations, investments
Date of Last Change: August 7, 2025
Authorizing, and Implemented or Interpreted Law: 31A-2-201; 31A-8-103
