58-41-18Factors considered in determining financial responsibility.

In making a determination under subdivision 58-41-17(4), the director may consider:

(1)    The financial soundness of the applicant's arrangements for health care services and the proposed schedule of charges used in connection therewith;

(2)    The adequacy of its working capital;

(3)    Arrangements which will guarantee for a reasonable period of time the continued availability or payment of the cost of health care services in the event of discontinuance of the health maintenance organization;

(4)    Agreements with providers for the provision of health care services; and

(5)    Any surety bond or deposit of cash or securities submitted in accordance with § 58-41-11 as a guarantee that the obligations will be duly performed.

Source: SL 1974, ch 321, § 10 (4).