50 Ill. Adm. Code 2051.230

Administrators Not to Assume Underwriting Risk

Year: 2026Length: 83 wordsOfficial source
Section 2051.230  Administrators Not to Assume Underwriting Risk An administrator may negotiate and make arrangements with providers in compliance with the Act, and market and otherwise make available such arrangements to insurance companies, HMO's, limited health service organizations, health service corporations, fraternal benefit societies, self-insuring employers or health and welfare trust funds and to their subscribers; provided, however, that in performing these functions the administrator shall not accept any underwriting risk in the form of a premium or capitation payment for its services.
50 Ill. Adm. Code 2051.230: Administrators Not to Assume Underwriting Risk | Justis AI