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Virginia Administrative Code (Last Updated: January 10, 2017) |
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Title 1. Administration |
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Agency 55. Department of Human Resource Management |
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Chapter 20. Commonwealth of Virginia Health Benefits Program |
Section 60. Types of plans
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A. The administration and underwriting of the plans shall be at the discretion of the department and may include but not be limited to self-funded arrangements, insured arrangements, administrative services arrangements, health maintenance organizations, and preferred provider organizations. The department is authorized to exercise judgment and discretion in the establishment, procurement and implementation of all underwriting and other services necessary for the establishment, maintenance, and administration of such plans and will be deemed to do so in good faith.
B. The department, as it deems necessary or prudent, may contract for outside services, including but not limited to actuarial, consulting, and legal counsel. The department may contract such services on an individual basis or in conjunction with other services.
Historical Notes
Derived from VR525-01-02 § 1.6, eff. November 21, 1990; amended, Volume 20, Issue 20, eff. July 16, 2004.