 |
Oklahoma Administrative Code (Last Updated: March 11, 2021) |
 |
TITLE 365. Insurance Department |
|
Chapter 40. Health Maintenance Organizations (HMO) |
|
Subchapter 5. Life, Accident & Health Division and Consumer Assistance and Claims Division Rules |
|
Part 13. TERMINATION OF MEMBERS, PROVIDERS AND CONTINUATION OF BENEFITS |
SECTION 365:40-5-70. Termination of group or individual contracts
Latest version.
- (a) An HMO desiring to either terminate or not renew a group or individual contract shall provide at least sixty (60) days advance notice of termination. Except, an HMO may terminate or not renew a contract with less than sixty (60) days notice for cause such as failure to pay premiums or fraud.(b) A group contract or individual contract shall not be terminated except as described in Part 15 of this Subchapter and O.A.C. 365:40-5-45.