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2017 New Jersey Revised Statutes
TITLE 17B - INSURANCE
Section 17B:27C-2 - Purposes of act.
Universal Citation: NJ Rev Stat § 17B:27C-2 (2017)
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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