Supervision, Rehabilitation, or Liquidation; Remedies and Measures

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Sec. 22. (a) Any supervision, rehabilitation, or liquidation of a limited service health maintenance organization shall be considered to be the supervision, rehabilitation, or liquidation of an insurance company and shall be conducted under IC 27-9.

(b) A limited service health maintenance organization is not subject to IC 27-6-8 or IC 27-8-8.

(c) The remedies and measures available to the commissioner under this chapter are in addition to and not in the place of the remedies and measures available to the commissioner under IC 27-9.

As added by P.L.26-1994, SEC.25.


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