§ 31-31-902 — Group health insurance plans

(1) The board may enter into
contracts with carriers to provide group health insurance plans for the following
individuals if they are receiving a benefit from another plan administered by the
association:

(a) A retired member;

(b) A retired volunteer firefighter;

(c) A surviving spouse;

(d) A dependent child; and

(e) A recipient of a benefit from the fire and police members' deferred
compensation fund created by section 31-31-901.

(2) The administration and management of the group health insurance plans
shall be the exclusive responsibility of the respective carrier. The cost of the plan,
coverage, and eligibility requirements shall be as negotiated in the contract
between the association and the carrier.

(3) The association shall pay no premium subsidy for group health insurance
authorized to be offered by this section. Premiums shall be deducted from the
monthly benefit payments of participating retired members or their beneficiaries.

(4) For purposes of this section, the term carrier means a private insurance
company holding a valid outstanding certificate of authority from the division of
insurance or a nonprofit hospital service plan or a nonprofit medical service plan
incorporated as a nonprofit corporation pursuant to article 40 of title 7, C.R.S., or a
health maintenance organization established pursuant to parts 1 and 4 of article 16
of title 10, C.R.S.

Legislative History

Source: L. 96: Entire article added with relocations, p. 938, � 1, effective May 23.