N.D. Cent. Code § 26.1-36.7-08

Current through 2024 Legislative Session
Section 26.1-36.7-08 - Reinsurance

For claims of an insured which total one hundred thousand dollars to one million dollars incurred per plan year, a member insurer must be reinsured by the association at seventy-five percent of the member insurer's responsibility for claims incurred by the insured pursuant to the terms of an individual's nongrandfathered individual health benefit plan.

N.D.C.C. § 26.1-36.7-08

Amended by S.L. 2021, ch. 232 (HB 1087),§ 9, eff. 4/1/2021.
Amended by S.L. 2019, ch. 243 (HB 1106),§ 4, eff. 1/1/2022.
Added by S.L. 2019, ch. 243 (HB 1106),§ 2, eff. 4/19/2019 (expires 1/1/2022).