(a) This part is supplemental to any other laws of this state, and shall not preclude or limit any other powers or duties of the commissioner under such laws, including, but not limited to, chapter 9 of this title.
(b) The commissioner is authorized to promulgate rules and regulations to effectuate the purposes of this part.
(c) The commissioner may exempt from the application of this part a domestic health organization that:(1) Writes direct business only in this state;(2) Assumes no reinsurance in excess of five percent (5%) of direct premium written; and(3) (A) Writes direct annual premiums for comprehensive medical business of two million dollars ($2,000,000) or less; or(B) Is a limited health service organization that covers less than two thousand (2,000) lives.
(1) Writes direct business only in this state;
(2) Assumes no reinsurance in excess of five percent (5%) of direct premium written; and
(3) (A) Writes direct annual premiums for comprehensive medical business of two million dollars ($2,000,000) or less; or(B) Is a limited health service organization that covers less than two thousand (2,000) lives.
(A) Writes direct annual premiums for comprehensive medical business of two million dollars ($2,000,000) or less; or
(B) Is a limited health service organization that covers less than two thousand (2,000) lives.