N.D. Cent. Code § 26.1-03.2-08. Confidentiality — Prohibition on announcements — Prohibition on use in ratemaking: Risk-Based Capital for Health Organizations – North Dakota

Status: Enacted
Year Enacted: 1999
Year Amended: 2017
File: Download

It is the judgment of the legislature that the comparison of a health organization’s total adjusted capital to any of its risk-based capital levels is a regulatory tool that may indicate the need for corrective action with respect to the health organization and is not intended as a means to rank health organizations generally. Therefore, except as otherwise required under the provisions of this chapter, the making, publishing or disseminating of any risk-based capital levels information of any health organization would be misleading and is therefore prohibited. The commissioner must keep any of this information confidential so as to not alert competitors to an insurer’s prices.


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