Florida § 641.2261 - Application of solvency requirements to provider-sponsored organizations and Medicaid provider service networks.
Full text of Florida Florida Statutes § 641.2261 — Application of solvency requirements to provider-sponsored organizations and Medicaid provider service networks., with citation guidance and answers to common questions.
§ 641.2261. Application of solvency requirements to provider-sponsored organizations and Medicaid provider service networks.
(1) The solvency requirements of ss. 1855 and 1856 of the Balanced Budget Act of 1997 and 42 C.F.R. s. 422.350, subpart H, apply to a health maintenance organization that is a provider-sponsored organization rather than the solvency requirements of this part. However, if the provider-sponsored organization does not meet the solvency requirements of this part, the organization is limited to the issuance of Medicare+Choice plans to eligible individuals. For the purposes of this section, the terms “Medicare+Choice plans,” “provider-sponsored organizations,” and “solvency requirements” have the same meaning as defined in the federal act and federal rules and regulations. (2) Except for a provider service network seeking to obtain a certificate of authority under s. 641.2019, the solvency requirements in 42 C.F.R. s. 422.350, subpart H, and the solvency requirements established in approved federal waivers pursuant to chapter 409 apply to a Medicaid provider service network rather than the solvency requirements of this part.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 641.2261
What does Florida Statutes § 641.2261 cover?
Section 641.2261 ("Application of solvency requirements to provider-sponsored organizations and Medicaid provider service networks.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 641.2261?
A common citation format is "Florida Statutes § 641.2261" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 641.2261 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.