Common use of Solvency Requirements Clause in Contracts

Solvency Requirements. The contractor shall maintain a minimum net worth in accordance with N.J.A.C. 8:38-11 et seq. The Department shall have the right to conduct targeted financial audits of the contractor's Medicaid line of business. The contractor shall provide the Department with financial data, as requested by the Department, within a timeframe specified by the Department.

Appears in 3 contracts

Samples: Contract to Provide Services (Centene Corp), Contract to Provide Services (Amerigroup Corp), Contract to Provide Services (Americhoice Corp)

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Solvency Requirements. The contractor shall maintain a minimum net worth in accordance with N.J.A.C. 8:38-11 et seq. The Department shall have the right to conduct targeted financial audits of the contractor's ’s Medicaid line of business. The contractor shall provide the Department with financial data, as requested by the Department, within a timeframe specified by the Department. reserves and where restricted funds will be held (See N.J.A.C. 8:38-11.3, Reserve Requirements).

Appears in 1 contract

Samples: Agreement to Provide Hmo Services (Amerigroup Corp)

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