South Carolina § 38-41-10 Multiple employer self-insured health plan defined.

South Carolina Statutes

§ 38-41-10 — Multiple employer self-insured health plan defined.

South Carolina·Title 38 INSURANCE·Ch. 41 MULTIPLE EMPLOYER SELF-INSURED HEALTH PLAN

As used in this chapter, "multiple employer self-insured health plan" or "Multiple Employer Welfare Arrangement (MEWA)" means a plan or arrangement established or maintained to offer or provide health, dental, or short-term disability benefits to employees of two or more employers but which is not fully insured. A plan or arrangement is considered "fully insured" only if all benefits payable are guaranteed under a contract or policy of insurance issued by an insurer authorized to transact business in this State.

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As used in this chapter, "multiple employer self-insured health plan" or "Multiple Employer Welfare Arrangement (MEWA)" means a plan or arrangement established or maintained to offer or provide health, dental, or short-term disability benefits to employees of two or more employers but which is not fully insured. A plan or arrangement is considered "fully insured" only if all benefits payable are guaranteed under a contract or policy of insurance issued by an insurer authorized to transact business in this State.

South Carolina § 38-41-10 (Multiple employer self-insured health plan defined.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: Former 1976 Code SECTION 38-41-10 [1975 (59) 157] recodified as SECTION 38-75-210 by 1987 Act No. 155, SECTION 1; Former 1976 Code SECTION 38-65-10 [1985 Act No. 137, SECTION 1] recodified as SECTION 38-41-10 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 654; 2012 Act No. 137, SECTION 8, eff April 2, 2012.