211 CMR, § 151.14
Current through Register 1533, October 25, 2024
If any certified Group Purchasing Cooperative is in a financially unsound condition, or if it substantively fails to comply with any of the requirements of M.G.L. c. 176J, 211 CMR 151.00, or any other provision of law or regulation, the Commissioner may, after a hearing, suspend or revoke the certification of such Group Purchasing Cooperative. Upon suspension or revocation of the certification of a Group Purchasing Cooperative, the Commissioner shall take steps, if necessary, to manage transfer of coverage of Eligible Association Members and Qualified Association Members' Eligible Employees and Eligible Dependents that are covered under Health Benefit Plans offered by said Group Purchasing Cooperative.
211 CMR, § 151.14