THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.3544 Noninsured benefit plan; processing and payment of claims.
(1) A health maintenance organization may process and pay claims on behalf of a noninsured benefit plan only after the health maintenance organization has received adequate money from the noninsured benefit plan sponsor to fully cover the claim payments.
(2) As used in this section, "noninsured benefit plan" means that term as defined in section 5208.
History: Add. 2016, Act 276, Imd. Eff. July 1, 2016
Popular Name: Act 218
© 2017 Legislative Council, State of Michigan