38.2-4315 - Examinations. - Virginia Statutes

§ 38.2-4315. Examinations.

A. The Commission shall examine the affairs of each health maintenanceorganization as provided for in § 38.2-1317 at least once every five years.The Commission may examine the affairs of providers with whom any healthmaintenance organization has contracts, agreements, or other arrangementsaccording to its health care plan as often as it considers necessary for theprotection of the interests of the people of this Commonwealth.

B. Instead of making its own examination, the Commission may accept thereport of an examination of a foreign health maintenance organizationcertified by the insurance supervisory official, similar regulatory agency,or the state health commissioner of another state.

C. The Commission shall coordinate such examinations with the State HealthCommissioner to ensure an appropriate level of regulatory oversight and toavoid any undue duplication of effort or regulation.

(1980, c. 720, § 38.1-879; 1986, c. 562; 1990, c. 224; 1997, c. 688.)