(1) This chapter establishes criteria for the issuance of stop-loss insurance contracts or re- insurance contracts for small employers that establish self-funded or partially self-funded health plans for the small employer's employees. This chapter does not: (a) impose any requirement or duty on any person other than a stop-loss insurer or re-insurer who issues a stop-loss insurance contract to a small employer; (b) treat any stop-loss insurance contract as a direct policy of health insurance; or (c) constitute an attempt to exercise authority over self-funded or partially self-funded health benefit plans sponsored by a small employer. (2) This chapter applies to a small employer stop-loss contract issued or renewed on or after July 1, 2013.
‹ Prev All Utah sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.