New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 21 - SMALL EMPLOYER HEALTH BENEFITS PROGRAM
Subchapter 7A - LOSS RATIO REPORTS; DIVIDENDS AND CREDITS
Section 11:21-7A.2 - Definitions
Universal Citation: NJ Admin Code 11:21-7A.2
Current through Register Vol. 56, No. 6, March
18, 2024
The following terms, when used in this subchapter, shall have the following meanings:
"Closed nonstandard health benefits plan" means a closed nonstandard health benefits plan as defined at 11:21-11.2.
"Open nonstandard health benefits plan" means an open nonstandard health benefits plan as defined at N.J.A.C. 11:21-11.2.
"Preceding calendar year" means the calendar year immediately preceding the reporting year.
"Reporting year" means the year in which the loss ratio report is required to be filed with the Department.
"Small employer purchasing alliance," "purchasing alliance" or "alliance" means a small employer purchasing alliance as established pursuant to 17B:27A-25.3.
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