376.1000. Multiple employer self-insured health plan, defined.
Multiple employer self-insured health plan, defined.
376.1000. 1. As used in sections 376.1000 to 376.1045, a"multiple employer self-insured health plan" is any plan orarrangement which is not fully insured and which is either:
(1) Offered by a staff or employee leasing company; or
(2) Established or maintained for the purpose of offeringor providing health, dental or short-term disability benefits toemployees of two or more employers.
2. A plan or arrangement is considered fully insured onlyif an insurer licensed to transact business in this state retainsthe ultimate responsibility for all benefits payable by acontract or policy of insurance.
(L. 1993 H.B. 709 § 22)