Nebraska § 13-1615 Plan sponsor; use of self-funding; exemption from other laws

Nebraska Statutes

§ 13-1615 — Plan sponsor; use of self-funding; exemption from other laws

Nebraska § 13-1615

Ch. 13Cities, Counties, and Other Political Subdivisions

This text of Nebraska § 13-1615 (Plan sponsor; use of self-funding; exemption from other laws) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 13-1615 (2026).

Text

(1)A plan sponsor shall not be considered an insurer under the laws of this state. The use of any self-funding by a plan sponsor shall not constitute transacting the business of insurance and shall not be subject to regulation by the Department of Insurance.

(2)A plan sponsor shall not be a member of the Nebraska Property and Liability Insurance Guaranty Association or the Nebraska Life and Health Insurance Guaranty Association. The Nebraska Property and Liability Insurance Guaranty Association Act and the Nebraska Life and Health Insurance Guaranty Association Act shall not be applicable to the self-funded portion of an employee benefit plan.

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(1) A plan sponsor shall not be considered an insurer under the laws of this state. The use of any self-funding by a plan sponsor shall not constitute transacting the business of insurance and shall not be subject to regulation by the Department of Insurance.
(2) A plan sponsor shall not be a member of the Nebraska Property and Liability Insurance Guaranty Association or the Nebraska Life and Health Insurance Guaranty Association. The Nebraska Property and Liability Insurance Guaranty Association Act and the Nebraska Life and Health Insurance Guaranty Association Act shall not be applicable to the self-funded portion of an employee benefit plan.

Legislative History

Source: Laws 1991, LB 167, § 15. Cross References: Nebraska Life and Health Insurance Guaranty Association Act, see section 44-2720. Nebraska Property and Liability Insurance Guaranty Association Act, see section 44-2418.