North Dakota Administrative Code
Title 45 - Insurance, Commissioner of
Article 45-06 - Accident and Health Insurance
Chapter 45-06-09 - Group Health Insurance Purchasing Cooperatives
Section 45-06-09-03 - Definitions

Universal Citation: ND Admin Code ยง 45-06-09-03
Current through Supplement No. 394, October, 2024

1. "Business plan" means the plan of operation of the health insurance purchasing cooperative.

2. "Commissioner" means the insurance commissioner.

3. "Group" means a collection of small employers subject to the requirements of North Dakota Century Code chapter 26.1-36.3 who elect to join together to form a group health insurance purchasing cooperative. It does not include an industrywide trade association meeting the exemption requirements outlined in subsection 15 of North Dakota Century Code section 26.1-36.3-07 or any other insurance purchasing group arrangements in existence prior to August 1, 1994.

4. "Health insurance purchasing cooperative" means a group of small employers who join together to purchase health insurance.

General Authority: NDCC 26.1-01-07.4

Law Implemented: NDCC 26.1-01-07.4

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