Statutes, codes, and regulations
Code of Laws of South Carolina 1976
Title 38 - INSURANCE
Chapter 41 - MULTIPLE EMPLOYER SELF-INSURED HEALTH PLAN
Section 38-41-10 - Multiple employer self-insured health plan defined

S.C. Code § 38-41-10

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Current through 2024 Act No. 225.
Section 38-41-10 - Multiple employer self-insured health plan defined

As used in this chapter, "multiple employer self-insured health plan" or "Multiple Employer Welfare Arrangement (MEWA)" means a plan or arrangement established or maintained to offer or provide health, dental, or short-term disability benefits to employees of two or more employers but which is not fully insured. A plan or arrangement is considered "fully insured" only if all benefits payable are guaranteed under a contract or policy of insurance issued by an insurer authorized to transact business in this State.

S.C. Code § 38-41-10

Amended by 2012 S.C. Acts, Act No. 137 (HB 3333), s 8, eff. 4/2/2012.
1993 Act No. 181, Section 654; Former 1976 Code Section 38-65-10 [1985 Act No. 137, Section 1] recodified as Section 38-41-10 by 1987 Act No. 155, Section 1; Former 1976 Code Section 38-41-10 [1975 (59) 157] recodified as Section 38-75-210 by 1987 Act No. 155, Section 1.