Section 7. An organization which enters into a preferred provider arrangement shall file annually with the commissioner, within one hundred and twenty days of the close of its fiscal year, a report covering its prior fiscal year. The report shall include:

Terms Used In Massachusetts General Laws ch. 176I sec. 7

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

(a) the number of covered persons under health benefit plans and workers’ compensation insurance or self-insured workers’ compensation plans, which include preferred provider arrangements;

(b) financial and utilization date of health benefit plans and workers’ compensation insurance or self-insured workers’ compensation plans, which include preferred provider arrangements;

(c) a list of preferred providers; and

(d) such other information as the commissioner may reasonably require.