24.29.2336    FINANCIAL ABILITY OF ORGANIZATION

(1) An applicant must provide evidence that it is able to meet the financial obligations that will arise from the plan and other contractual obligations of the MCO to provide services. Such evidence may include, but is not limited to, a showing that the applicant is adequately capitalized, evidence of sufficient insurance and sureties, a business plan or evidence that the debts of the applicant are individually guaranteed by a number of persons with appropriate net worth.

History: Sec. 39-71-203, 39-71-1103 and 39-71-1105 MCA; IMP, Sec. 39-71-1103 and 39-71-1105 MCA; NEW, 1994 MAR p. 420, Eff. 3/1/94.