Nonprofit hospital and/or medical service corporations — Responsibilities

R.I. Gen. Laws § 27-19.2-10., under Chapter 27-19.2 Nonprofit Hospital and Medical Service Corporations.

R.I. Gen. Laws § 27-19.2-10.

In accordance with their nonprofit hospital and/or medical service corporation mission, nonprofit insurers shall be required to:

(1) Offer products in the small group;

(2) Offer products in the individual market, with at least one 30-day open enrollment period every twelve (12) months;

(3) Employ pricing strategies that enhance the affordability of healthcare coverage; and

(4) Protect the financial condition of the nonprofit hospital and/or medical service plan.