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Current as of February 09, 2022 | Updated by FindLaw Staff
Sec. 510. (1) After considering the information and factors described in section 509(4), 1 the goals of a health care corporation as provided in section 504, 2 and the objectives contained in the provider class plan, the commissioner shall determined 3 1 of the following:
(a) That the provider class plan achieves the goals of the corporation as provided in section 504.
(b) That although the provider class plan does not substantially achieve 1 or more of the goals of the corporation, a change in the provider class plan is not required because there has been competent, material, and substantial information obtained or submitted to support a determination that the failure to achieve 1 or more of the goals was reasonable due to factors listed in section 509(4).
(c) That a provider class plan does not substantially achieve 1 or more of the goals of the corporation as provided in section 504.
(2) The commissioner shall notify the health care corporation, and each person who has requested a copy of such notice, of a determination under subsection (1) by certified or registered mail. Determinations made pursuant to subsection (1)(b) or (c) shall include a concise written statement of specific findings supporting that determination.
(3) An existing provider contract or reimbursement arrangement shall remain in effect until a new provider class plan has been retained and placed into effect as provided in section 506(4). 4 A provider class plan shall not be subject to further review until the expiration of the time period provided in section 509(1).
(4) A provider class plan with respect to which a determination was made under subsection (1)(a) or (b) shall not be subject to further review until the expiration of 2 years following the determination.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 550. General Insurance Laws § 550.1510 - last updated February 09, 2022 | https://codes.findlaw.com/mi/chapter-550-general-insurance-laws/mi-comp-laws-550-1510.html
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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