Virginia Code 38.2-6111: Examinations
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A. The Commission shall examine the affairs of each dental plan organization as provided for in § 38.2-1317.
Terms Used In Virginia Code 38.2-6111
- Commission: means the State Corporation Commission. See Virginia Code 38.2-100
- Dental plan: means a contractual arrangement for dental services provided or arranged for, that pays benefits or is administered on an individual or group basis. See Virginia Code 38.2-6101
- Dental plan organization: means a company that provides directly or arranges for a dental plan. See Virginia Code 38.2-6101
- Oversight: Committee review of the activities of a Federal agency or program.
- State: means any commonwealth, state, territory, district or insular possession of the United States. See Virginia Code 38.2-100
B. Instead of making its own examination, the Commission may accept the report of an examination of a foreign dental plan organization certified by the insurance supervisory official, similar regulatory agency, or the state health commissioner of another state.
C. The Commission may coordinate its examinations with the State Health Commissioner to ensure an appropriate level of regulatory oversight and to avoid any undue duplication of effort or regulation.
2004, c. 668.