Answered

When are HMOs required to file a report of their activities with the Department of Financial Services?

A. Within 3 months of the end of every other fiscal year
B. Once every 5 years
C. Within 3 months of the end of each fiscal year
D. 3 months before the end of each fiscal year



Answer :

GinnyAnswer

Final answer:

HMOs are required to file reports with the Department of Financial Services within 3 months of the end of each fiscal year to maintain transparency and compliance.


Explanation:

Health Maintenance Organizations (HMOs) are required to file a report of their activities with the Department of Financial Services within 3 months of the end of each fiscal year. This reporting ensures transparency and compliance with regulatory standards.


Learn more about Regulatory reporting requirements for HMOs here:

https://brainly.com/question/39164070


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