Chapter 62C — Nonprofit Health Service Plan Corporations Act

15.001 Application of Laws 2005, Chapter 56, Terminology Changes Requires state agencies to adopt updated terminology from a 2005 law when replacing printed materials and signs, without … 62C.001 Cross-reference section linking to the terminology changes provision applicable to Chapter 62C. 62C.01 Nonprofit Health Service Plan Corporations Act Establishes the Nonprofit Health Service Plan Corporations Act, which promotes affordable health services in Minnesota … 62C.02 Definitions Defines key terms used throughout the Nonprofit Health Service Plan Corporations Act, including commissioner, health … 62C.03 Service Plan Corporations Authorized Authorizes the formation of service plan corporations to provide health services through subscriber contracts. Requires … 62C.04 Organization Requires service plan corporations to incorporate as nonprofit entities under Chapter 317A and to maintain their … 62C.045 Application of Other Law Makes the health care entity financial reporting and transparency requirements in sections 145D.30 through 145D.37 … 62C.05 Articles of Incorporation; Bylaws Requires that articles of incorporation and bylaws of a service plan corporation conform to both this chapter and the … 62C.06 Approval of Articles and Bylaws Requires the Commissioner of Commerce to review and approve all proposed articles of incorporation, bylaws, and … 62C.07 Directors; Management Requires service plan corporations to be governed by a board of directors that includes representation from subscribers, … 62C.08 Certificate of Authority Prohibits service plan corporations from operating without a certificate of authority from the Commissioner of Commerce. … 62C.09 Financial Requirements Sets minimum financial requirements for service plan corporations, including initial capital or surplus requirements and … 62C.10 Investment Restricts how service plan corporations may invest their funds, limiting investments to the same types of securities and … 62C.11 Financial Statements and Examinations Requires service plan corporations to file annual financial statements with the commissioner, who has broad authority to … 62C.12 Suspension Authorizes the Commissioner of Commerce to suspend or revoke a service plan corporation's certificate of authority for … 62C.13 Authorized Contracts and Agreements Describes the types of contracts and agreements service plan corporations may enter into, including subscriber … 62C.14 Subscriber Contracts Governs subscriber contracts, requiring delivery of contract copies to subscribers and setting minimum content … 62C.141 Repealed provision formerly part of the Nonprofit Health Service Plan Corporations Act. 62C.142 Continuation and Conversion Privileges for Former Spouses and Children Grants continuation and conversion privileges to former spouses and dependent children when coverage would otherwise … 62C.143 Repealed provision formerly part of the Nonprofit Health Service Plan Corporations Act. 62C.15 Subscription Charges Governs how service plan corporations set and adjust subscription charges (premiums). Rates must be reasonable, not … 62C.16 Service Agreements Regulates service agreements between service plan corporations and health care providers. Requires agreements to be in … 62C.17 License for Solicitor or Agent Requires anyone who solicits subscribers on behalf of a service plan corporation to obtain a license from the … 62C.18 Personal Liability Limits the personal liability of subscribers to providers. Participating providers cannot bill subscribers beyond what … 62C.19 Unfair Trade Practices Subjects service plan corporations to the unfair trade practices regulations that apply to insurance companies, … 62C.20 Practice Not Authorized Clarifies that nothing in this chapter authorizes any person or corporation to practice a licensed profession without … 62C.21 Penalties Authorizes the Commissioner of Commerce to suspend or revoke a service plan corporation's certificate of authority and … 62C.22 Violations Establishes criminal penalties for violations of the Nonprofit Health Service Plan Corporations Act, including fines up … 62C.23 Rules Grants the Commissioner of Commerce authority to adopt administrative rules under Chapter 14 to implement and enforce …