Rhode Island § 42-157.1-1 § 42-157.1-1. Short title and purpose.

Rhode Island Statutes

§ 42-157.1-1 — § 42-157.1-1. Short title and purpose.

Rhode Island § 42-157.1-1

Title 42State Affairs and Government

Ch. 42-157.1Rhode Island Market Stability and Reinsurance Act

This text of Rhode Island § 42-157.1-1 (§ 42-157.1-1. Short title and purpose.) 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 § 42-157.1-1 (2026).

Text

§ 42-157.1-1. Short title and purpose.
(a) This chapter shall be known and may be cited as the "Rhode Island Market Stability
            and Reinsurance Act.â€�
         
(b) The purpose of this chapter is to authorize the director to create the Rhode Island
            reinsurance program to stabilize health insurance rates and premiums in the individual
            market and provide greater financial certainty to consumers of health insurance in
            this state.
         
(c) [Deleted by P.L. 2019, ch. 88, art. 11, § 4.]
         
(d) No general revenue funding shall be used for reinsurance

Free access — add to your briefcase to read the full text and ask questions with AI

§ 42-157.1-1. Short title and purpose.

(a) This chapter shall be known and may be cited as the "Rhode Island Market Stability and Reinsurance Act.â€�

(b) The purpose of this chapter is to authorize the director to create the Rhode Island reinsurance program to stabilize health insurance rates and premiums in the individual market and provide greater financial certainty to consumers of health insurance in this state.

(c) [Deleted by P.L. 2019, ch. 88, art. 11, § 4.]

(d) No general revenue funding shall be used for reinsurance payments.