Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 42 - Public Health |
Chapter IV - Centers for Medicare & Medicaid Services, Department of Health and Human Services |
SubChapter C - Medical Assistance Programs |
Part 434 - Contracts |
Subpart E - XXX |
§ 434.50 - Proof of HMO or PHP capability.
Latest version.
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The agency must obtain from each contractor proof of—
(a) Financial responsibility, including proof of adequate protection against insolvency; and
(b) The contractor's ability to provide the services under the contract efficiently, effectively, and economically.