| Notice Filed with SOS |
11/30/2011 |
| Rule |
ProposedRuleAttach2011-00859.DOC |
| Statutory Authority |
10-16-310(3) and 10-16-411(2) |
| Description of Subjects/Issues |
3-1-12 Risk-Based Capital (RBC) for Health Organizations |
| Purpose/Objective of Rule |
The purpose of this Regulation is to establish standards for the minimum capital and surplus to be maintained by health organizations as provided by §§ 10-16-310 and 10-16-411, C.R.S. These standards provide for the early detection of a potentially hazardous or otherwise dangerous condition of a health organization in order to protect its enrollees/members and the general public. This Regulation additionally provides for reporting, corrective measures, and enforcement actions available to the Commissioner. |
| Comments |
Todd Larson |
| Submitted in response to issues raised by COLS/OLLS? |
No
|
| Is this rule adopted in response to recent legislation? |
|
| Hearing Date |
01/03/2012 |
| Hearing Time |
01:00 PM |
| Hearing Location |
1560 Broadway Suite 850 Denver CO 80202 |
| Contact Name |
Christine Gonzales-Ferrer |
| Contact Title |
Rulemaking Coordinator |
| Contact Telephone |
303-894-2157 |
| Contact email |
christine.gonzales-ferrer@dora.state.co.us |