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2020 Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 32: PREFERRED PROVIDER ARRANGEMENT ACT
24-A §2676. Risk transfer
Universal Citation: 24-A ME Rev Stat § 2676 (2020)
§2676. Risk transfer
Preferred provider arrangements may include capitated payments that are limited to the health services provided by the provider. [PL 1999, c. 609, §12 (AMD).]
Preferred provider arrangements may embody risk transfer between carriers and providers in accordance with the provisions of chapter 56-A, subchapter III. Any other acceptance of insurance risk by a person that does not hold a valid certificate of authority or license and is not exempt by law from licensure constitutes the unauthorized transaction of insurance within the meaning of section 404 and chapter 21. [PL 1999, c. 609, §12 (NEW).]
SECTION HISTORY
PL 1985, c. 704, §4 (NEW). PL 1989, c. 588, §A53 (RPR). PL 1999, c. 609, §12 (AMD).
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