(1) For the purposes of this chapter:
(a) Agent.— means a person appointed by a health services organization to carry out soliciting and underwriting activities.
(b) Broker.— means a person who for compensation as an independent contractor negotiates in behalf of a subscriber or group of subscribers to obtain or renew a health care plan.
(2) The provisions on licenses, commissions, requirements, examinations, controlled business, bonds, citations, books, documents, reports under Chapter 9 of this Code, as well as the limitations established therein which are not in contravention with what is established in subsection (1) of this section, and which are not otherwise incompatible with this chapter, shall be deemed to apply to the health services organization’s agents and brokers.
(3) No health services organization shall do the soliciting or underwriting of a health care plan except through a licensed agent of said health services organization who resides in Puerto Rico; Provided, That nothing that is established herein shall limit the health services organization’s power to contract with the underwriter directly.
(4) Every applicant for a license shall pay the fees established in § 701 of this title.
History —Ins. Code, added as § 19.160 on June 2, 1976, No. 113, p. 313, § 1; July 2, 1987, No. 88, p. 337, § 12.