2010 North Carolina Code
Chapter 58 Insurance.
Article 50 - General Accident and Health Insurance Regulations.
58-50-127. Small employer carrier plan elections.
58‑50‑127. Small employer carrier plan elections.
A small employer carrier shall submit, in a format prescribed by the Commissioner, an election pursuant to G.S. 58‑50‑125(d) pertaining to the offering of at least one basic and standard health care plan or the alternative health care plans as provided in G.S. 58‑50‑126. The election shall be effective for a period of not less than two years. The election shall be submitted with policy forms when they are submitted for approval, or if the policy forms have been previously approved, then no later than February 1 of the year in which the small employer carrier wishes the election to begin. If a small employer carrier does not make a new election, or if the new election is not approved if applicable, the existing election at the end of the two‑year election period shall continue to apply for another two‑year period. (2007‑298, s. 5.2.)
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