Section 376.968 - Administration of pool by insurer or insurers by competitive bids - insurer's qualifications - board to establish criteria for bid contentThe board shall select an insurer, insurers, or third-party administrators through a competitive bidding process to administer the pool. The board shall evaluate bids submitted based on criteria established by the board which shall include:
(1) The insurer's proven ability to handle individual accident and health insurance;(2) The efficiency of the insurer's claim-paying procedures;(3) An estimate of total charges for administering the plan;(4) The insurer's ability to administer the pool in a cost-efficient manner.Amended by 2013 Mo. Laws, SB 262,s A, eff. 7/12/2013.L. 1990 H.B. 998 § 4 subsec. 1
Effective 1-1-91