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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 365. Insurance Department |
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Chapter 40. Health Maintenance Organizations (HMO) |
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Subchapter 1. General Provisions |
SECTION 365:40-1-2. Definitions
Latest version.
- "Alien HMO" means an HMO formed under the laws of a country other than the United States, except that for purposes of the Holding Company Act, alien HMO shall have the same meaning as foreign HMO."Department" means the Oklahoma Insurance Department pursuant to Title 36 of the Oklahoma Statutes."Domestic HMO" means an HMO formed under the laws of Oklahoma."Executive officer" means chief executive officer, chief operating officer, chief financial officer, treasurer, secretary, controller, and any other individual performing functions corresponding to those performed by the foregoing officers under whatever title."Foreign HMO" means an HMO formed under the laws of another state, commonwealth, territory, or district of the United States."HMO Act" means the Health Maintenance Organization Act of 2003 as amended, 36 O.S. § 6901, et seq."Health Maintenance Organization" (HMO) has the meaning as defined at 36 O.S. § 6902, and, for purposes of this regulation, any reference to the terms insurer, insurance company or company in this regulation, in statutes referenced by this regulation or in statutes referenced in the HMO Act also includes health maintenance organizations."Holding Company Act" means the Insurance Holding Company System Regulatory Act, 36 O.S. § 1651, et seq."NAIC" means the National Association of Insurance Commissioners."Ultimate controlling person" means that person which is not controlled by any other person.