24-A §6602. Scope
Title 24-A: MAINE INSURANCE CODE
Chapter 81: MULTIPLE-EMPLOYER WELFARE ARRANGEMENTS HEADING: PL 1995, C. 462, PT. A, §47 (RPR)
§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.
[ 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) .]
SECTION HISTORY
1993, c. 688, §1 (NEW).