Current through Register Vol. 48, No. 51, June 17, 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; andG. group major medical coverage.Statutory Authority: MS s 62E.09