§ 24-A §6602 — Scope

1.
Multiple-employer welfare arrangement; approval required.
A person may not commence operations after January 1, 1995 of a multiple-employer welfare arrangement unless that arrangement is approved by the superintendent. A person may not operate after January 1, 1995 a multiple-employer welfare arrangement in existence before January 1, 1995 unless that arrangement has been submitted for approval in compliance with this chapter.
2.
Insurer authorized to transact health insurance.
This chapter does not apply to a multiple-employer welfare arrangement that offers or provides benefits that are fully insured by an insurer authorized to transact health insurance in the State.
3.
Application.

Section 6608 does not apply to a multiple-employer welfare arrangement that:
4.
Application for approval; filing required.
If a multiple-employer welfare arrangement does not satisfy the requirements of subsection 3, the arrangement shall file with the superintendent within 60 days of the effective date of this subsection a complete application for authorization under section 6604.

Legislative History

PL 1993, c. 688, §1 (NEW).