TITLE 27
Insurance

CHAPTER 27-19.2
Nonprofit Hospital and Medical Service Corporations

SECTION 27-19.2-10


§ 27-19.2-10 Nonprofit hospital and/or medical service corporations – Responsibilities.

In accordance with their nonprofit hospital and/or medical service corporation mission, nonprofit insurers shall be required to:

(1) Offer products in the small group;

(2) Offer products in the individual market, with at least one 30-day open enrollment period every twelve (12) months;

(3) Employ pricing strategies that enhance the affordability of health care coverage; and

(4) Protect the financial condition of the nonprofit hospital and/or medical service plan.

History of Section.
(P.L. 2004, ch. 330, § 2; P.L. 2004, ch. 567, § 2.)