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Session Laws, 1945
Volume 589, Page 873   View pdf image (33K)
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HERBERT R, O'CONOR, GOVERNOR, 873
NON-PROFIT HEALTH SERVICE PLANS.

235. (Non-Profit Health Service Plans.) Any corporation
without capital stock heretofore or hereafter organized, under
the provisions of Article 23 of the Code of Public General
Laws of this State, for the purpose of establishing, main-
taining and operating a Non-Profit Health Service Plan
whereby hospital, medical or dental care is provided by a
hospital, or hospitals, a physician or physicians, and/or den-
tist or dentists, to persons who become subscribers to such
Plan under contracts which entitle each subscriber to certain
hospital, medical or dental care, or any of them, shall be
governed and regulated by the provisions of this sub-title, and
by no other law relating to Insurance unless such law is
referred to under this sub-title, and no law hereafter enacted
shall- apply to such corporations, unless they are expressly
designated therein; and specifically refer to such corporations.

236. (License.) No corporation subject to the provisions
of this sub-title shall issue contracts for the rendering of hos-
pital, medical or dental service to subscribers until the In-
surance Commissioner has, by formal certificate or license,
authorized it to do so. Application for such certificate of
authority or license shall be made on forms to be supplied by
the Insurance Commissioner, containing such information as
he shall deem necessary. Each application for such certifi-
cate of authority or license, as a part thereof, shall be accom-
panied by copies of the following documents, duly certified to
by at least two (2) of the executive officers of such corporation :

(a) Certificates of Incorporation, with all amendments,
thereto;

(b) By-laws, with all amendments thereto;

(c) Each contract executed or proposed to be executed by
and between the corporation and any hospital, physician or
dentist, embodying the terms under which hospital, medical
or dental service is to be furnished to subscribers to the Plan;

(d) Each form of contract issued or proposed to be issued
to subscribers to the plan, together with a table of the rates
charged, or proposed to be charged, to subscribers for each
form of such contract;

(e) Financial statement of the corporation, which shall in-
clude the amounts of each contribution paid or agreed to be
paid to the corporation for working capital, the name or names
of each contributor and the terms of each contribution.

The Insurance Commissioner shall issue a certificate of au-
thority, or license, to each applicant upon the payment of the
fee provided for by Section 36 of this Article and upon being
satisfied:

 

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Session Laws, 1945
Volume 589, Page 873   View pdf image (33K)
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