17B:27C-2 - Purposes of act
17B:27C-2 Purposes of act.
2.The purposes of this act are to:
a.provide for the registration of self-funded or partially self-funded multiple employer welfare arrangements;
b.regulate self-funded or partially self-funded multiple employer welfare arrangements in order to ensure the financial integrity of the arrangements;
c.provide reporting requirements for self-funded or partially self-funded multiple employer welfare arrangements; and
d.provide for sanctions against self-funded or partially self-funded multiple employer welfare arrangements that do not comply with the provisions of this act.
L.2001,c.352,s.2.