2011 Vermont Code
Title 08 Banking and Insurance
Chapter 107 HEALTH INSURANCE
§ 4091a Definitions
§ 4091a. Definitions
As used in this subchapter:
(1) "Carrier" means an insurance company, a nonprofit medical or hospital service corporation or a health maintenance organization which issues or provides a group health insurance policy or subscriber contract.
(2) "Group health insurance policy or subscriber contract" means a policy or contract which meets the following conditions:
(A) Coverage is provided through insurance policies or subscriber contracts to classes of employees or members of an organization or group;
(B) The coverage is not available to the general public and can be obtained and maintained only because of the covered person's employment or membership in an organization or group;
(C) There are arrangements for bulk payment of premiums or subscription charges to the insurer, nonprofit service corporation or health maintenance organization; and
(D) There is sponsorship of the plan by the employer, organization or group. (Added 1989, No. 113, { 2.)
Disclaimer: These codes may not be the most recent version. Vermont may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
