Michigan Laws 550.1106 – Definitions; L to O
Current as of: 2023 | Check for updates
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(1) “Large subscriber group” means a group of 10,000 or more subscribers.
(2) “Medium subscriber group” means a group of 150 or more subscribers, but less than 10,000 subscribers.
Terms Used In Michigan Laws 550.1106
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Dependent: A person dependent for support upon another.
(3) “Member”, except as used in parts 2 and 3, means a subscriber, a dependent of a subscriber, or any other individual entitled to receive health care benefits under a nongroup or group certificate.
(4) “Nongroup subscriber” means an individual subscriber who is not enrolled as a subscriber through any subscriber group.
(5) “Objectives” means an expected achievement level by a health care corporation of the goals provided in section 504, for a provider class. Insofar as is reasonably practicable, objectives shall be capable of quantitative measurement.