Maine Revised Statutes Title 24-A Sec. 3963 – State-federal health coverage partnerships involving the association
Current as of: 2023 | Check for updates
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1. Consultation with board. The superintendent shall consult with the board before developing any proposal to apply for a state-federal health coverage partnership as defined in section 2781, subsection 1 or to modify the terms of an existing state-federal health coverage partnership involving federal funding for the association or otherwise significantly affecting the operations of the association. The superintendent shall give prompt notice to the board if the superintendent becomes aware of a new federal program or material changes to an existing program with the potential for a significant effect on the operations of the association.
[PL 2019, c. 653, Pt. B, §23 (NEW).]
SECTION HISTORY
PL 2019, c. 653, Pt. B, §23 (NEW).
Terms Used In Maine Revised Statutes Title 24-A Sec. 3963
- Association: means the Maine Guaranteed Access Reinsurance Association under section 3953. See Maine Revised Statutes Title 24-A Sec. 3952
- Board: means the Board of Directors of the Maine Guaranteed Access Reinsurance Association under section 3953, subsection 2. See Maine Revised Statutes Title 24-A Sec. 3952
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.