Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

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.