5 USC 8903b – Authority to readmit an employee organization plan
(a) In the event that a plan described by section 8903(3) or 8903a is discontinued under this chapter (other than in the circumstance described in section 8909(d)), that discontinuation shall be disregarded, for purposes of any determination as to that plan’s eligibility to be considered an approved plan under this chapter, but only for purposes of any contract year later than the third contract year beginning after such plan is so discontinued.
Terms Used In 5 USC 8903b
- Contract: A legal written agreement that becomes binding when signed.
(b) A contract for a plan approved under this section shall require the carrier—
(1) to demonstrate experience in service delivery within a managed care system (including provider networks) throughout the United States; and
(2) if the carrier involved would not otherwise be subject to the requirement set forth in section 8903a(c)(1), to satisfy such requirement.