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. [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. [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; [1993, c. 688, §1(NEW).]B. Is administered primarily from a principal place of business located within the State; and [1993, c. 688, §1(NEW).]C. Has provided employee health benefits for a continuous period since on or before January 1, 1984. [1993, c. 688, §1(NEW).] [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. [1993, c. 688, §1(NEW).]
1993, c. 688, § 1 (NEW) .