41-3912 SUSPENSION OR REVOCATION OF CERTIFICATE OF AUTHORITY. - Idaho Statutes

TITLE 41

INSURANCE

CHAPTER 39

MANAGED CARE REFORM

41-3912. Suspension or revocation of certificate of authority. The director may initiate proceedings to suspend or revoke a certificate of authority to offer a managed care plan for the reasons and in the manner provided in title 41, Idaho Code, for mutual insurers. In addition to any other penalties, the director may impose a penalty upon the managed care organization of up to fifteen thousand dollars ($15,000) for each and every unlawful act committed.