N.J. Admin. Code § 11:21-16.4

Current through Register Vol. 56, No. 24, December 18, 2024
Section 11:21-16.4 - Restrictions on writings following a market withdrawal

Any small employer carrier that ceases to do business pursuant to this subchapter shall be prohibited from writing new business in the New Jersey small employer market for a period of five years from the date of termination of the last health benefits plan nonrenewed under this subchapter and shall be prohibited from writing new business in the New Jersey individual health coverage market for a period of five years from the date of termination of the last individual health coverage plan nonrenewed.

N.J. Admin. Code § 11:21-16.4

Amended by R.1994 d.580, effective 11/21/1994.
See: 26 N.J.R. 3118(a), 26 N.J.R. 4620(a).
Amended by R.1998 d.533, effective 11/16/1998.
See: 30 N.J.R. 2978(a), 30 N.J.R. 4045(a).
Rewrote the section.
Amended by R.2009 d.277, effective 9/21/2009.
See: 41 N.J.R. 1147(a), 41 N.J.R. 3451(a).
Inserted "and shall be prohibited from writing new business in the New Jersey individual health coverage market for a period of five years from the date of termination of the last individual health coverage plan nonrenewed".