41-3914 — ANNUAL DISCLOSURES
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TITLE 41
INSURANCE
CHAPTER 39
MANAGED CARE REFORM
41-3914. ANNUAL DISCLOSURES. (1) Every managed care organization shall
provide to its enrollees and make available for inspection by the general
public on an annual basis:
(a) an audited statement of financial condition including a balance sheet
and a summary of receipts and disbursements;
(b) a description of the accessibility and availability of services,
including a list of the providers currently participating in the managed
care plan and of the providers who are accepting new patients, the
addresses of primary care physicians and participating hospitals and the
specialty of each physician and category of the other participating
providers;
(c) a statement as to whether the plan includes a limited formulary of
medications, and a statement that the formulary will be made available to
any prospective member or member upon request;
(d) a clear and understandable description of the managed care
organization's method of resolving member grievances;
(e) a description of how the qualifications of participating providers
may be obtained;
(f) such other information as the director may by rule prescribe.
(2) In addition to matters specified in subsection (1) of this section,
each managed care organization shall make available for public inspection a
description of the benefit package or packages offered to each class of
members and their rates. Such information shall be presented in clear,
readable, and concise form and shall include, at a minimum, a description of
all of the material elements required of health care contracts.
(3) A managed care organization for which a certificate of authority is
required shall furnish a copy of the information required by this section to
the department.