Connecticut General Statutes 38a-478v – Applicability of Unfair and Prohibited Insurance Practices Act. Examination by Insurance Commissioner. Regulations
Current as of: 2023 | Check for updates
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(a) Each managed care organization, as defined in § 38a-478, shall be subject to the provisions of sections 38a-815 to 38a-819, inclusive.
Terms Used In Connecticut General Statutes 38a-478v
- Commissioner: means the Insurance Commissioner. See Connecticut General Statutes 38a-1
- Insurance: means any agreement to pay a sum of money, provide services or any other thing of value on the happening of a particular event or contingency or to provide indemnity for loss in respect to a specified subject by specified perils in return for a consideration. See Connecticut General Statutes 38a-1
- State: means any state, district, or territory of the United States. See Connecticut General Statutes 38a-1
(b) The Insurance Commissioner may examine the affairs of any managed care organization licensed to do business in this state in order to determine whether such managed care organization has been or is engaged in any unfair method of competition or in any unfair or deceptive act or practice prohibited by § 38a-816. The commissioner may adopt regulations, in accordance with the provisions of chapter 54, to implement the provisions of this section.