New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 4 - ACTUARIAL SERVICES
Subchapter 56 - SELF-FUNDED MULTIPLE EMPLOYER WELFARE ARRANGEMENTS AND INSURED MULTIPLE EMPLOYER ARRANGEMENTS
Section 11:4-56.1 - Purpose and scope
Current through Register Vol. 56, No. 6, March 18, 2024
(a) This subchapter implements 17B:27C-1 et seq. by establishing rules for the registration, regulation and reporting of self-funded and partially self-funded multiple employer welfare arrangements (self-funded MEWAs). This subchapter also implements 17B:27A-49 by clarifying the requirement that insured multiple employer arrangements (MEAs) notify the Commissioner of certain information on an annual basis.
(b) This subchapter applies to self-funded and partially self-funded multiple employer welfare arrangements as defined in 29 U.S.C. § 1002(40), other than governmental plans as defined in 29 U.S.C. § 1002(32) and church plans as defined in 29 U.S.C. § 1002(33), that provide a health benefit plan or plans which cover the employees of at least one employer that is either domiciled in New Jersey or has its principal headquarters or principal administrative office located in New Jersey. This subchapter also applies to carriers providing health benefits coverage, stop-loss coverage or administrative services to multiple employer arrangements as defined at 17B:27A-17.
