Question 13013 of 324 · Texas Life, Accident and Health Agent Exam
Which of these is required for an HMO to maintain its certificate of authority in Texas?
Exactly one answer is correct.
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Correct answer to question 13013
- A: Meet financial solvency and network adequacy standards
Explanation
To obtain and keep a certificate of authority the HMO must show it can provide accessible and adequate personnel and facilities and that it is financially responsible. The commissioner sets net worth rules to ensure solvency for the protection of enrollees.
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