The National Association of Insurance Commissioners (NAIC) adopted the Health Maintenance Organization Model Act (HMO Model Act) to regulate the development and operations of HMOs. One true statement regarding the HMO Model Act is that the act

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The HMO Model Act requires HMOs to place a deposit in trust with the state insurance commissioner as a measure to protect the interests of enrollees in case the HMO becomes financially impaired. Option A is incorrect because the act does not specifically mention mental health services within its definition of basic healthcare services. Option B is incorrect because the act allows for multiple state agencies to regulate HMOs. Option D is incorrect because the act does not require HMOs to contract with licensed insurance companies to offer point-of-service options to plan members.

The National Association of Insurance Commissioners (NAIC) Adopted the Health