Sec. 1. (a) As used in this chapter, "arrangement" refers to a multiple employer welfare arrangement.
(b) As used in this chapter, "multiple employer welfare arrangement" means an entity other than a duly admitted insurer that establishes an employee benefit plan for the purpose of offering or providing accident and sickness or death benefits to the employees of at least two (2) employers, including self-employed individuals and their dependents. For purposes of this subsection, two (2) employers, one (1) of which holds an ownership interest of at least fifty-one percent (51%) in the other, are considered to be one (1) employer.
As added by P.L.1-1992, SEC.149. Amended by P.L.173-2007, SEC.19.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 34. Multiple Employer Welfare Arrangements
27-1-34-1. "Multiple Employer Welfare Arrangement"
27-1-34-1.5. Interlocal Cooperation Agreements
27-1-34-2. Certificate of Registration
27-1-34-3. Benefits Under an Employee Benefit Plan
27-1-34-5. Application of Insurance Law
27-1-34-6. Examination of Arrangements; Revocation or Suspension of Certificate of Registration
27-1-34-7. Insolvency; Notification of Department
27-1-34-8. Reinsurers and Insurance Producers; Multiple Employer Welfare Arrangement