22675901, 69O-240.001 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 22675901

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

Shared Savings Program

Overview

RULE:

69O-240.001	Shared Savings Program Requirements
69O-240.002	Annual Report

PURPOSE:

Chapter 2019-100, Laws of Florida, creates sections 627.6387, 627.6648, and 641.31076, F.S., which require the Financial Service Commission to file a description of the program on a form and requires insurers to submit certain information to the Office, so it may to determine the baseline for the savings calculation.

SUMMARY:

Chapter 69O-240, F.A.C., will govern the regulation of shared savings programs.  69O-240.001 addresses the requirements for approval of a shared savings program by the Office.  69O-240.002 implements an annual report a health insurer or health maintenance organization must file with the Office.

RULEMAKING AUTHORITY:

624.308(1), 627.6387(3)(b), 627.6387(5), 627.6648(3)(b), 627.6648(5), 641.31076(3)(b), 641.31076(5) FS.

LAW:

627.6387, 627.6648, 641.31076 FS.

PRINT PUBLISH DATE:

12/5/2019 Vol. 45/235

COMMENTS:

From 12/5/2019 To 12/26/2019 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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