N.C. Gen. Stat. § 58-50A-20

Current through Session Law 2024-58

Section 58-50A-20 - [Effective Until 1/1/2025] Health plan requirements

Any group health plan offered by a sponsoring association must meet all of the following requirements:

(1) Neither be offered nor advertised to the public generally.

(2) Provides a level of coverage equal to or greater than sixty percent (60%) of the actuarial value of allowed costs for covered benefits.

(3) Provides coverage for hospital and physician services.

(4) Complies with the provisions of G.S. 58-3-150.

N.C. Gen. Stat. § 58-50A-20

Repealed by 2024 N.C. Sess. Laws 57,s. 3G.1-a, eff. 1/1/2025, app. 1/1/2025.

Added by 2019 N.C. Sess. Laws 202, s. 1, eff. 10/1/2019 and applies to contracts entered into, amended, or renewed on or after 1/1/2020.