Current through Register Vol. 56, No. 18, September 16, 2024
(a) Appointments to Standing and other
committees shall be approved by a majority of the Board present. A written
record of the proceedings of each committee shall be maintained by the
Executive Director. Committee members are responsible for providing staff
support, but may recommend that the Board provide funding for outside
contractors. Committees may not take final action; however, within the scope of
their mission and duties, Committees may make recommendations and reports to
the Board for its decision and action.
(b) Standing Committees shall include the
following:
1. A Finance and Audit Committee
which shall make recommendations to the Board with respect to:
i. The methods and rules for calculating
assessments;
ii. Assessment of
members in accordance with the provisions of the Act, including such interim
assessments as may be reasonable and necessary for organizational and
reasonable interim operating expenses;
iii. Independent consulting actuaries who may
be approved by the Board;
iv.
Establishment of rules, conditions, and procedures pertaining to the registry
of multiple employer arrangements in accordance with the provisions of the Act;
and
v. The selection of an
independent auditor for the annual audit of the Program operations;
vi. The review of reports prepared by
independent auditors and other audit-related matters the Board deems
necessary;
vii. Contracts which are
necessary or proper to carry out the provisions and purposes of the
Act;
viii. Developing the means to
select an Executive Director, a statement of the powers and duties of the
Executive Director, the compensation of the Executive Director, and a statement
of the efficiency standards an Executive Director must meet; and
ix. Recommendations for employing or
retaining persons, firms or corporations to perform the functions necessary for
the Board's performance of its duties, including retention of an Executive
Director for the Program;
2. A Legal Committee which shall make
recommendations to the Board with respect to:
i. Appropriate interpretations of the Act and
other applicable law, and such other matters as the Board may desire, including
rules and regulations promulgated by the Board pursuant to the Act;
ii. Amendments to the Plan, and the various
health benefits plans proposed by the Board for compliance with the Act, and by
implication under Federal or other State legislation;
iii. Proposed amendments to the Act for Board
approval;
iv. Contracts and legal
documents for the Program;
v. All
litigation and other disputes involving the Program and its
operations;
vi. Maintenance of a
written record of all written requests for a formal opinion of the Board
received and responses provided by the Board.
vii. Coordination with legal counsel for the
Board, as needed, on matters relating to the Program operations, including
proposed contracts, operational practices, and statutory
construction;
viii. Any legal
actions necessary or proper for recovery of an assessment for, on behalf of, or
against the Program or a member;
ix. The Board's entering into contracts
necessary or proper to carry out the provisions and purposes of the Act;
and
x. Legal actions as may be
necessary for recovery of any assessments due to the Program or to avoid paying
any improper claims and other matters related to lawsuits by or against the
Board;
xi. Whether and how to
respond to interpretations of the Board's rules made by carriers and inquiries
and complaints received from consumers, policyholders, carriers or others.
(1) Recommendations by the Legal Committee
may include a recommendation that the Board issue a statement interpreting its
regulations, seek declaratory or injunctive relief as may be appropriate, or
other administrative or legal remedies as may be available.
(2) In an effort to answer any inquiry or
resolve any dispute or complaint, the Legal Committee, Administrator, or
Executive Director may seek the input of other appropriate Committees in order
to assist the Legal Committee in reaching a recommendation.
(3) The Legal Committee may refer matters as
necessary to any other Committee which may also make recommendations to the
Board.
3. A
Marketing and Communications Committee which shall make recommendations to the
Board with respect to:
i. Rules for
implementation and administration of the Act and standards to provide for the
fair marketing and broad availability of health benefits plans to full-time
employees;
ii. Marketing and
communication plans for the Program, as needed;
iii. Issues or concerns arising out of the
marketing of Program coverage;
iv.
The development of information concerning the Program to be released to the
general public; and
v. Reviewing
marketing material submitted by carriers in accordance with the Act;
and
4. A Policy Forms
Committee which shall make recommendations to the Board with respect to:
i. Optional benefit rider filings received
pursuant to
11:21-3.2(d);
ii. Modifications to the standard health
benefits plan policy forms and related forms;
iii. Interpretations of the standard health
benefits plans and policy forms;
iv. Development of new standard health
benefits plan policy forms as permitted by statute; and
v. Substantive and structural plan design
issues.
(c)
The Board may appoint other committees. The Board may by resolution adopted by
a majority of the entire Board:
1. Determine
the size of and appoint members to and/or fill any vacancy in any
committee;
2. Appoint one or more
persons to serve as alternate members of any committee, to act in the absence
or disability of members of any committee with all the powers of such absent or
disabled members;
3. Abolish any
committees, in its discretion;
4.
Remove any person from membership on any committee at any time, with or without
cause; and
5. Authorize or appoint
the use of consultants or other advisors to work with any committee.
(d) All committee members,
including those committee members who are not also members of the Board, shall
be subject to the Uniform Ethics Code pursuant to the requirements of the New
Jersey Conflicts of Interest Law,
52:13D-12 et seq. Committee
members who are not also members of the Board shall be required to file a
Certification, in a form to be provided by the Board, stating that they, and
the respective entities and/or carrier by whom they are employed, agree to be
subject to all applicable terms set forth in the Uniform Ethics Code and any
Supplemental Code of Ethics the Board adopts.