{"data":{"id":"us-ky/krs-304.38-042","jurisdiction":"us-ky","citation":"KRS 304.38-042","heading":"Requirements for provider -sponsored integrated health networks to","body":"convert to health maintenance organization.\n(1) As used in this section, \"provider-sponsored integrated health delivery network\" has\nthe same meaning as in KRS 304.17A-005.\n(2) A provider-sponsored integrated health delivery network may elect to convert to a\nhealth maintenance organization under KRS 304.38 -070(5) by filing an election to\nconvert with the commissioner that contains a notification of the network's effective\ndate of conversion.\n(3) Within thirty (30) days of the date of an election filing under subsection (2) of this\nsection, the commissioner shall issue a certificate of authority as a health\nmaintenance organization under KRS 304.38 -070(5) to the provider -sponsored\nintegrated health delivery network unless the commissioner:\n(a) Finds that, at the time of the election, the provider-sponsored integrated health\ndelivery network fails to meet the net worth requirements of KRS 304.38 -\n070(5)(b); and\n(b) Provides the pr ovider-sponsored integrated health delivery network with a\nwritten notice of the determination that contains a notice of the network's\nrights under KRS 304.2-310.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=52906","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:56Z","sha256":"f863dee88502b00fba0511f5c6cc6328916310c1cc8ed07d4e4e7e1ba84b41ce","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.38-040","next":"us-ky/krs-304.38-050"},"notice":"GroundRules: Original legal text. Not legal advice."}