§6602. Scope

1.  Multiple-employer welfare arrangement; approval required.  A person may not commence operations after January 1, 1995 of a multiple-employer welfare arrangement unless that arrangement is approved by the superintendent. A person may not operate after January 1, 1995 a multiple-employer welfare arrangement in existence before January 1, 1995 unless that arrangement has been submitted for approval in compliance with this chapter.

[PL 1993, c. 688, §1 (NEW).]

2.  Insurer authorized to transact health insurance.  This chapter does not apply to a multiple-employer welfare arrangement that offers or provides benefits that are fully insured by an insurer authorized to transact health insurance in the State.

[PL 1993, c. 688, §1 (NEW).]

3.  Application.  Section 6608 does not apply to a multiple-employer welfare arrangement that:

A. Meets the general eligibility requirements of section 6603, subsection 1;   [PL 1993, c. 688, §1 (NEW).]

B. Is administered primarily from a principal place of business located within the State; and   [PL 1993, c. 688, §1 (NEW).]

C. Has provided employee health benefits for a continuous period since on or before January 1, 1984.   [PL 1993, c. 688, §1 (NEW).]

[PL 1993, c. 688, §1 (NEW).]

4.  Application for approval; filing required.  If a multiple-employer welfare arrangement does not satisfy the requirements of subsection 3, the arrangement shall file with the superintendent within 60 days of the effective date of this subsection a complete application for authorization under section 6604.

[PL 1993, c. 688, §1 (NEW).]

SECTION HISTORY

PL 1993, c. 688, §1 (NEW).