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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) For purposes of this section, “regulated health insurance entity” means a health insurance entity, as defined in Section 26B-3-1001, that is subject to regulation by the department.
(2) If a regulated health insurance entity fails to comply with the provisions of Section 26B-3-1004:
(a) the commissioner may revoke or suspend, in whole or in part, a license, certificate of authority, registration, or other authority that is granted by the commissioner to the regulated health insurance entity; and
(b) the regulated health insurance entity is subject to the penalties and procedures provided for in Section 31A-2-308.
Cite this article: FindLaw.com - Utah Code Title 31A. Insurance Code § 31A-4-107.5. Penalty for failure of a regulated health insurance entity to fulfill duties related to state claims for Medicaid payment or recovery - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-31a-insurance-code/ut-code-sect-31a-4-107-5/
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 before relying on it for your legal needs.
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