58-50A-65. Multiple employer welfare arrangements; license required; penalty.
(a) It is unlawful to operate, maintain, or establish a MEWA unless the MEWA has a valid license issued by the Commissioner. Any MEWA operating in this State without a valid license is an unauthorized insurer.
(b) G.S. 58-50A-60 through G.S. 58-50A-95 do not apply to a MEWA that offers or provides benefits that are fully insured by an authorized insurer or to a MEWA that is exempt from state insurance regulation in accordance with the Employee Retirement Income Security Act of 1974, Public Law Number 43-406. (1991, c. 611, s. 1; 2019-202, ss. 2(b), 8.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 50A - Association Health Plans and Multiple Employer Welfare Arrangements.
§ 58-50A-5 - Compliance with requirements.
§ 58-50A-10 - Sponsoring association requirements.
§ 58-50A-15 - Membership requirements.
§ 58-50A-20 - Health plan requirements.
§ 58-50A-25 - Solvency requirements.
§ 58-50A-30 - Nondiscrimination.
§ 58-50A-35 - Premium contributions.
§ 58-50A-40 - Use of licensed insurance producers.
§ 58-50A-60 - Multiple employer welfare arrangements; administrators.
§ 58-50A-65 - Multiple employer welfare arrangements; license required; penalty.
§ 58-50A-70 - Qualifications for licensure.
§ 58-50A-75 - Certain words prohibited in name of MEWA.
§ 58-50A-80 - Filing of application.
§ 58-50A-85 - Examinations; deposits; solvency regulation.
§ 58-50A-90 - Annual reports; actuarial certifications; quarterly reports.