Louisiana Revised Statutes 22:2099 – A. This Part does not apply to any member insurer meeting either of the following criteria:
Terms Used In Louisiana Revised Statutes 22:2099
- Member insurer: means any insurer or health maintenance organization licensed or which holds a certificate of authority to transact in this state any kind of insurance or health maintenance organization business for which coverage is provided by La. See Louisiana Revised Statutes 22:2084
A. This Part does not apply to any member insurer meeting either of the following criteria:
(1) Any insurer, other than a health maintenance organization described in Paragraph (2) of this Subsection, or its subsidiary, or an insurance holding company system or its directly or indirectly related agent, affiliate, or other entity that is insolvent, impaired, or unable to fulfill its contractual obligations before September 30, 1991.
(2) Any health maintenance organization that is insolvent, impaired, or unable to fulfill its contractual obligations before August 1, 2018.
B. The provisions of this Part effective on September 30, 1991, and subsequent amendments thereto apply prospectively from their effective dates and govern liability for assessments, offsets, refunds, and any other matters relating to all member insurers not identified in Subsection A of this Section.
Acts 1991, No. 998, §1, eff. Sept. 30, 1991; Redesignated from La. Rev. Stat. 22:1395.19 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009; Acts 2018, No. 97, §1; Acts 2021, No. 19, §1, eff. June 1, 2021.