Minn. R. agency 120, ch. 2740, REINSURANCE, pt. 2740.5100

Current through Register Vol. 49, No. 19, November 4, 2024

Part 2740.5100 - AUTHORITY TO MAKE AVAILABLE REINSURANCE

The association may provide for reinsurance of risks incurred by insurer or fraternal members resulting from such members' issuance of all or any of the following categories of coverage as provided in the act. A member may make a separate election to reinsure each of these categories:

A. individual qualified plans, but not including group conversions;

B. individual qualified Medicare supplement plans but not including group conversions;

C. group conversions on qualified plans; "group conversions" means the conversion policies or contracts required to be issued under Minnesota Statutes, sections 62A.16 and 62A.17 or 62E.16;

D. group qualified plans which cover fewer than 50 employees or insured persons;

E. group qualified Medicare supplement plans with fewer than 50 employees or insured persons;

F. individual major medical coverage; and

G. group major medical coverage.

Minn. R. agency 120, ch. 2740, REINSURANCE, pt. 2740.5100

Statutory Authority: MS s 62E.09