- 10 -
to comply with regulatory requirements and to simplify operations
from an organizational and managerial standpoint.
Petitioner was licensed to operate an HMO in Utah and was
permitted to offer a variety of individual and group health plans
in the communities that it served. In June 1985, respondent
recognized petitioner as an organization described in section
501(c)(3) that is exempt from taxation pursuant to section
501(a).
1. IHC Care, Inc.
In January 1985, petitioner organized Care as a nonprofit
affiliate for the purpose of establishing a federally qualified
3(...continued)
The number of Trustees of the Corporation shall be not
less than four (4) or more than twenty-three (23)
persons, as determined from time to time by the Member.
The initial number of trustees shall be eighteen (18).
A plurality of Board members shall represent the buyer-
employer community and an approximately equal number of
physicians and hospital representatives shall be
appointed. Buyer-employer members shall be broadly
representative of the major geographic areas and
business interests (such as manufacturing, retailing,
transportation, finance, utilities, education, etc.) to
be served by the Corporation’s health care delivery
plans, and physician members shall also reflect such
geographic areas as well as major medical specialties
and modes of practice. * * *
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011