{"data":{"id":"us-ri/r.i.-gen.-laws-27-66-2","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 27-66-2","heading":"Findings.","body":"The general assembly finds and declares that:\n(1) Rhode Island has a proud history of health insurance companies including health insurance corporations, health maintenance organizations, nonprofit hospital service corporations, and nonprofit medical service corporations doing business in this state;\n(2) Nationally and regionally, private investment is being made that results in the conversion of not-for-profit into for-profit health insurance corporations, health maintenance organizations, hospital service corporations, and medical service corporations;\n(3) These health insurance organizations and corporations provide an important health insurance product in the community. There are concerns that for-profit health insurance organizations and corporations may engage in practices that affect the quality of the insurance coverage in the community as a whole and for more vulnerable members of society in particular;\n(4) In order to protect public health and welfare, it is necessary to establish standards and procedures for health insurance organizations and corporation conversions.","path":["Title 27 Insurance","Chapter 66 The Health Insurance Conversions Act"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE27/27-66/27-66-2.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T19:57:44Z","sha256":"f204eb94805398841abf35726fc65f64653f7b26f0490c9ead69316e5553f2b6","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-27-66-1","next":"us-ri/r.i.-gen.-laws-27-66-3"},"notice":"GroundRules: Original legal text. Not legal advice."}