North Carolina Administrative Code
Title 11 - INSURANCE
Chapter 12 - LIFE AND HEALTH DIVISION
Section .1300 - SMALL EMPLOYER GROUP HEALTH COVERAGE
Section 12 .1308 - ELECTIONS BY CARRIERS
Current through Register Vol. 39, No. 6, September 16, 2024
(a) If an election to be a risk assuming carrier is disapproved by the Commissioner, the carrier shall be considered a reinsuring carrier as of the date of the disapproval, unless the carrier is already so considered.
(b) An insurer that has previously notified the Commissioner that it is not a small employer carrier may enter the small employer group health insurance market upon notification to the Commissioner and the Commissioner's approval of the carrier's statutory health benefit plans; and that carrier shall be a reinsuring carrier.
Authority
G.S.
58-2-40(1);
58-50-135(a);
58-50-135(c);
58-50-150(a);
Temporary Adoption Eff. December 21, 1992 for a period of 180 days or until the
permanent rule becomes effective, whichever is sooner;
Eff. April
1, 1993;
Pursuant to
G.S.
150B-21.3A, rule is necessary without
substantive public interest Eff. May 1, 2018.
