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 15. DISCONTINUATION OF HMO |
SECTION 365:40-5-80. Notice
Latest version.
- An HMO shall give the Department at least one hundred eighty (180) days written notice of any decision to cease doing business. The HMO must submit for the Department's approval all notices, press releases, conversion agreements, memorandums of understanding, or other marketing or informational materials prior to their release and effective dates.