Arizona Laws 20-1059.01. Admitted assets; health care delivery assets
Current as of: 2024 | Check for updates
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A. This section applies to reporting entities that directly provide health care services to enrollees.
Terms Used In Arizona Laws 20-1059.01
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Health care services: means services for the purpose of diagnosing, preventing, alleviating, curing or healing human illness or injury. See Arizona Laws 20-1051
B. In addition to the assets allowed by section 20-501, the following are admitted assets to the extent the assets conform with the accounting practices and procedures manual adopted by the national association of insurance commissioners:
1. Furniture, medical equipment and fixtures and leasehold improvements that are used for the direct delivery of health care services.
2. Pharmaceuticals, surgical supplies and durable medical equipment that are used for the direct delivery of health care services.