CHAPTER 3. ISSUANCE OF CERTIFICATES OF AUTHORITY

IC 27-13-3
     Chapter 3. Issuance of Certificates of Authority

IC 27-13-3-1
Satisfaction of requirements
    
Sec. 1. After receiving a completed application, the commissioner shall issue a certificate of authority to operate a health maintenance organization to the applicant if:
        (1) the application fee is received by the commissioner; and
        (2) the commissioner is satisfied that the following requirements are met:
            (A) The persons responsible for the conduct of the affairs of the applicant are competent, trustworthy, and have good reputations.
            (B) The health maintenance organization will effectively provide or arrange for the provision of the health care services covered in the health maintenance organization's individual and group contracts on a prepaid basis, through insurance or other means, except to the extent of reasonable requirements for copayments and deductibles.
            (C) The health maintenance organization complies with IC 27-13-12 through IC 27-13-19.
As added by P.L.26-1994, SEC.25.

IC 27-13-3-1.5
Approval of certificate of authority
    
Sec. 1.5. (a) Except as provided in subsection (b), a completed application for a certificate of authority is considered approved one hundred twenty (120) days after the completed application is submitted to the commissioner.
    (b) If the commissioner issues an order under IC 27-13-24-3(b) within one hundred twenty (120) days after a completed application is submitted under subsection (a), the review and processing of the application are subject to IC 27-13-24-3 and IC 27-13-24-4.
As added by P.L.195-1996, SEC.4.

IC 27-13-3-2
Denial of application
    
Sec. 2. An application for a certificate of authority may be denied only after the commissioner complies with the requirements set forth in IC 27-13-24.
As added by P.L.26-1994, SEC.25.