☰ Revisor of Missouri

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 376

Effective - 28 Aug 2013 bottom

  376.968.  Administration of pool by insurer or insurers by competitive bids — insurer's qualifications — board to establish criteria for bid content. — The board shall select an insurer, insurers, or third-party administrators through a competitive bidding process to administer the pool.  The board shall evaluate bids submitted based on criteria established by the board which shall include:

  (1)  The insurer's proven ability to handle individual accident and health insurance;

  (2)  The efficiency of the insurer's claim-paying procedures;

  (3)  An estimate of total charges for administering the plan;

  (4)  The insurer's ability to administer the pool in a cost-efficient manner.

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(L. 1990 H.B. 998 § 4 subsec. 1, A.L. 2013 S.B. 262)


---- end of effective   28 Aug 2013 ----

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