2017 New Jersey Revised Statutes
TITLE 17B - INSURANCE
Section 17B:27C-2 - Purposes of act.

17B:27C-2 Purposes of act.

2. The purposes of this act are to:

a. provide for the registration of self-funded or partially self-funded multiple employer welfare arrangements;

b. regulate self-funded or partially self-funded multiple employer welfare arrangements in order to ensure the financial integrity of the arrangements;

c. provide reporting requirements for self-funded or partially self-funded multiple employer welfare arrangements; and

d. provide for sanctions against self-funded or partially self-funded multiple employer welfare arrangements that do not comply with the provisions of this act.

L.2001,c.352,s.2.

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