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