Louisiana 2010 2010 Regular Session

Louisiana Senate Bill SB664 Engrossed / Bill

                    SLS 10RS-720	ENGROSSED
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2010
SENATE BILL NO. 664
BY SENATOR HEBERT 
HEALTH/ACC INSURANCE. Require medical necessity review organizations to notify
the commissioner of insurance upon changes in fact or circumstance affecting its
qualification for a license. (8/15/10)
AN ACT1
To enact R.S. 22:1123(E), relative to medical necessity review organizations; to provide for2
required notifications to the commissioner of insurance upon changes in fact or3
circumstance; and to provide for related matters.4
Be it enacted by the Legislature of Louisiana:5
Section 1.  R.S. 22:1123(E) is hereby enacted to read as follows: 6
ยง1123. Authorization or licensure as an MNRO7
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E. An entity licensed as a MNRO shall notify the commissioner of any9
material change in fact or circumstance affecting its qualification for a license10
in this state within sixty days of the effective date of the change. The notice shall11
include any documentation as the commissioner may require. Changes in fact12
or circumstances shall include the following items:13
(1) Changes in control as defined in R.S. 22:692(3).14
(2) Amendments to the articles of incorporation.15
(3) Changes in officers and directors.16
(4) Merger or consolidation of the MNRO with any other person or17 SB NO. 664
SLS 10RS-720	ENGROSSED
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
entity.1
(5) Use of a trade name in this state.2
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The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Cheryl Horne.
DIGEST
Hebert (SB 664)
Proposed law requires an entity licensed as a Medical Necessity Review Organization
("MNRO") to notify the commissioner of any material change in fact or circumstance
affecting its qualification for a license in this state within 60 days of the effective date of the
change.
Proposed law defines changes in fact or circumstances to include:
(1)Changes in control or possession of the power to direct or cause the direction of the
management and policies by a person.
(2)Amendments to the articles of incorporation.
(3)Changes in officers and directors.
(4)Merger or consolidation of the MNRO with any other person or entity.
(5)Use of a trade name in the state.
Effective August 15, 2010.
(Adds R.S. 22:1123(E))