N.J. Stat. § 17B:27A-25.3
Current through L. 2024, c. 80.
Any eligible group of small employers may join together, by means of a joint contract under the procedures established by this act, to form a "Small Employer Purchasing Alliance" for the purpose of negotiating a reduced premium for its members purchasing a small employer health benefits plan or plans for their eligible employees and the employees' dependents. The joint contract shall be executed by all members of the purchasing alliance.
N.J.S. § 17B:27A-25.3