Missouri Laws 376.1000 v2 – Multiple employer self-insured health plan, defined
Current as of: 2023 | Check for updates
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1. As used in sections 376.1000 to 376.1045, a “multiple employer self-insured health plan” is any plan or arrangement which is not fully insured and which is either:
(1) Offered by a staff or employee leasing company; or
Terms Used In Missouri Laws 376.1000 v2
- Contract: A legal written agreement that becomes binding when signed.
- State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
(2) Established or maintained for the purpose of offering or providing health, dental or short-term disability benefits to employees of two or more employers.
2. A plan or arrangement is considered fully insured only if an insurer licensed to transact business in this state retains the ultimate responsibility for all benefits payable by a contract or policy of insurance.