Compilation of Rules and Regulations of the State of Georgia
Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER
Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE
Subject 120-2-79 - HEALTH PLAN PURCHASING COOPERATIVES
Rule 120-2-79-.03 - Definitions
Current through Rules and Regulations filed through September 23, 2024
As used in this Regulation Chapter, the term:
(1) "Employer-sponsored Health Benefit Arrangement" means any program of delivery, funding, or sponsorship of major medical, hospital, or medical and hospital expense coverage, or any type of coverage considered a health benefit plan as defined by O.C.G.A. § 33- 30A-1(3) offered by an employer for the benefit of its eligible employees and dependents
(2) "Market Type" means any one of the following types of entities:
(3) "Member" means any employer (or individual pursuant to O.C.G.A. § 33-30A-4(a)(4)) which has entered into a contract with a health plan purchasing cooperative, has met the membership criteria of the health plan purchasing cooperative, including payment of any applicable membership fees, and maintains at least one health benefit plan offered through the health plan purchasing cooperative as its employer-sponsored health benefit arrangement for its employees.
(4) "Participating Carrier" means any insurer or carrier as defined in O.C.G.A. § 33-30A-1(2), with a certificate of authority to issue insurance in the State of Georgia, which has entered into a con- tract or agreement with a health plan purchasing cooperative to offer one or more health benefit plans to members of such purchasing cooperative.
O.C.G.A. Secs. 33-2-9, 33-30A-9.