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§ 83-41-311. Bonds or insurance for directors, officers, employees, partners and contractors

MS Code § 83-41-311 (2019) (N/A)
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(1) Any director, officer, employee, contractor or partner of a health maintenance organization who receives, collects, disburses or invests funds in connection with the activities of such organization shall be responsible for the funds in a fiduciary relationship to the organization.

(2) A health maintenance organization shall maintain in force a fidelity bond or fidelity insurance on employees and officers, directors and partners in an amount not less than Two Hundred Fifty Thousand Dollars ($250,000.00) for each health maintenance organization or a maximum of Five Million Dollars ($5,000,000.00) in aggregate maintained on behalf of health maintenance organizations owned by a common parent corporation, or such sum as may be prescribed by the commissioner.

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§ 83-41-309. Powers of health maintenance organization generally; notice of exercise of powers affecting financial condition of organization
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§ 83-41-313. Quality assurance procedures, programs and activities; maintenance and examination of patient records