Exams / Florida Health Insurance License / Fla. Stat. §641.2017
Fla. Stat. §641.2017 — what it says, and how the exam tests it
This section is cited by 3 of our practice questions and is tested on 2 exams including the Florida Health Insurance License.
The text
641.2017 Insurance business not authorized. — Nothing in the Florida Insurance Code or this part shall be deemed to authorize any health maintenance organization to transact any insurance business other than that of health maintenance organization type insurance or otherwise to engage in any other type of insurance unless it is authorized under a certificate of authority issued by the office under the provisions of the Florida Insurance Code. However, a health maintenance organization may by contract: (1) Enter into arrangements whereby the expected cost of health care services provided directly or through arrangements with other persons by the health maintenance organization is self-funded by the person contracting with the health maintenance organization, but the health maintenance organization assumes the risks that costs will exceed that amount on a prepaid per capita or prepaid aggregate fixed-sum basis; or (2) Enter into arrangements whereby the cost of health care services provided directly or through arrangements with other persons by the health maintenance organization is self-funded by the person contracting with the health maintenance organization.
Public record. Read the full, current section at the official source: www.leg.state.fl.us
How it comes up on the exam
Practice questions written from this section — answers and explanations are in the drill.
- Under Florida law, a health maintenance organization is NOT authorized to transact any insurance business other than health maintenance organization type insurance UNLESS it holds what?
drill Florida Statutes, Rules and Regulations Pertinent to Health Insurance → - Under Florida law, a health maintenance organization may enter into arrangements whereby health care service costs are self-funded by the contracting person, provided the HMO assumes risks on what basis?
drill Florida Statutes, Rules and Regulations Pertinent to Health Insurance → - Under Florida law, a health maintenance organization is NOT authorized to transact any insurance business other than what type?
drill Florida Statutes, Rules and Regulations Pertinent to Health Insurance →