New York Statutes

§ 3234*2 — Limitations on administrative services and stop-loss coverage

New York·Law ISC Insurance·Art. 32 Insurance Contracts - Life, Accident and Health, Annuities
* § 3234. Limitations on administrative services and stop-loss\ncoverage. No insurer, subsidiary of an insurer, or controlled person of\na holding company system may act as an administrator or claims paying\nagent, as opposed to an insurer, on behalf of a group which denies or\nlimits benefits for a specific disease or condition or for a procedure\nor treatment unique to a specific disease or condition in a manner which\nwould be inconsistent with this chapter or regulations promulgated by\nthe superintendent had the group purchased insurance. No insurer,\nsubsidiary of an insurer, or controlled person of a holding company may\nprovide stop loss, catastrophic or reinsurance coverage to groups which\ndeny or limit benefits for a specific disease or condition or for a\nprocedure or treatm

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