                                 CODE OF VIRGINIA

EXAMINATIONS (§ 38.2-4315)

A. The Commission shall examine the affairs of each health maintenance
organization as provided for in &#xA7; 38.2-1317 at least once every five years.
The Commission may examine the affairs of providers with whom any health
maintenance organization has contracts, agreements, or other arrangements
according to its health care plan as often as it considers necessary for the
protection of the interests of the people of this Commonwealth.

B. Instead of making its own examination, the Commission may accept the report
of an examination of a foreign health maintenance organization certified 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 Health
Commissioner to ensure an appropriate level of regulatory oversight and to avoid
any undue duplication of effort or regulation.

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