Rhode Island § 27-8.2-3 § 27-8.2-3. Stop-loss insurance coverage standards.

Rhode Island Statutes

§ 27-8.2-3 — § 27-8.2-3. Stop-loss insurance coverage standards.

Rhode Island § 27-8.2-3

Title 27Insurance

Ch. 27-8.2Stop-Loss Insurance

This text of Rhode Island § 27-8.2-3 (§ 27-8.2-3. Stop-loss insurance coverage standards.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 27-8.2-3 (2026).

Text

§ 27-8.2-3. Stop-loss insurance coverage standards.
(a) An insurer shall not issue a stop-loss insurance policy that:
         
(1) Has an annual attachment point for claims incurred per individual that is lower than
            twenty thousand dollars ($20,000);
         
(2) Has an annual aggregate attachment point that is lower than one hundred twenty percent
            (120%) of expected claim; and
         
(3) Provides direct coverage of healthcare expenses of an individual.
         
(b) The commissioner may adopt rules that carry out the requirements o

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§ 27-8.2-3. Stop-loss insurance coverage standards.

(a) An insurer shall not issue a stop-loss insurance policy that:

(1) Has an annual attachment point for claims incurred per individual that is lower than twenty thousand dollars ($20,000);

(2) Has an annual aggregate attachment point that is lower than one hundred twenty percent (120%) of expected claim; and

(3) Provides direct coverage of healthcare expenses of an individual.

(b) The commissioner may adopt rules that carry out the requirements of this chapter.