58-17-68 "Professional association plan" defined.
"Professional association plan" defined.
For purposes of §§ 58-17-66 to 58-17-87,
inclusive, the term, professional association plan, means a health benefit plan offered through a
professional association that covers members of a professional association and their dependents, and
not others, in this state regardless of the situs of delivery of the policy or contract and which meets
all the following criteria:
Conforms with all the provisions of the rate requirements of §§ 58-17-66 to 58-17-87,
Provides renewability of coverage for the members and dependents of members of the
professional association that meets the renewability requirements of §§ 58-17-66 to 58-17-87, inclusive;
Provides availability of coverage for the members and dependents of members of the
professional association without regard to health status; and
Is offered by a carrier that offers health benefit plan coverage to any professional
association seeking health benefit plan coverage from the carrier.
SL 1996, ch 286, § 3; SL 2003 (SS), ch 1, § 28.