Subject of Possible Rule Making: Holding Company Act for health care service contractors and health maintenance organizations.

     Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 48.02.060, 48.44.050, 48.46.200, and section 16, chapter 179, Laws of 2001 (SHB 1792).

     Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Chapter 179, Laws of 2001, requires health care service contractors and health maintenance organizations to submit and file certain information with the insurance commissioner. This proposed rule will set forth the instructions, methods and forms by which this information will be filed with the insurance commissioner and further implement chapter 179, Laws of 2001.

     Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.

     Process for Developing New Rule:      Agency study, by contacting Kacy Scott, P.O. Box 40255, Olympia, WA 98504-0255, fax (360) 664-2782, e-mail Kacyb@oic.wa.gov.

     Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Kacy Scott, P.O. Box 40255, Olympia, WA 98504-0255, fax (360) 664-2782, e-mail Kacyb@oic.wa.gov.

August 28, 2001

Mike Kreidler

Insurance Commissioner

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