31A-43-202. Laws applicable to stop-loss insurance.
A stop-loss insurance contract or a re-insurance contract issued to a small employer that establishes a self-funded or partially self-funded health plan:
A stop-loss insurance contract or a re-insurance contract issued to a small employer that establishes a self-funded or partially self-funded health plan:
- (1) is not reinsurance under this title, and is not subject to the regulations for reinsurance under this title;
- (2) is subject to regulation as stop-loss insurance under this chapter; and
- (3) is subject to the contract provisions of this title in the same manner as insurance contracts issued by any other insurer.
Enacted by Chapter 341, 2013 General Session