Statutes, codes, and regulations
Rhode Island Administrative Code
Title 230 - Department of Business RegulationChapter 20 - InsuranceSubchapter 30 - Health Insurance
Part 11 - Multiple Employer Welfare Arrangements (230-RICR-20-30-11)
Section 230-RICR-20-30-11.5 - Fully Insured Requirement

230 R.I. Code R. 230-RICR-20-30-11.5

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Current through December 3, 2024
Section 230-RICR-20-30-11.5 - Fully Insured Requirement

A MEWA shall not be deemed fully insured if the insurance benefits are payable to the MEWA or MEWA administrator or would not be directly payable to the full extent of contract benefits to beneficiaries of the MEWA in the event of the insolvency of the MEWA.

230 R.I. Code R. 230-RICR-20-30-11.5