Nebraska Statutes 13-1624. Employee benefit plans; continuation of coverage; compliance with other laws; school district covered employees; rights
(1) Employee benefit plans established pursuant to the Political Subdivisions Self-Funding Benefits Act shall comply with sections 44-1640 to 44-1645 relating to continuation of coverage if subject to such sections.
Terms Used In Nebraska Statutes 13-1624
- Covered employee: shall mean an employee who is enrolled in an employee benefit plan. See Nebraska Statutes 13-1606
- Employee benefit plan: shall mean a plan provided pursuant to section Nebraska Statutes 13-1607
- Excess insurance: shall mean (1) aggregate insurance, (2) specific insurance, or (3) insurance in excess of a deductible, of which the plan sponsor assumes some or all of the risk for the deductible, purchased from an insurer. See Nebraska Statutes 13-1608
- Insurer: shall mean an insurer as defined in section Nebraska Statutes 13-1610
- Plan sponsor: shall mean any political subdivision providing an employee benefit plan. See Nebraska Statutes 13-1611
(2) If any covered employee of a plan sponsor which is a school district terminates employment with such plan sponsor and obtains employment with another plan sponsor which is a school district prior to October 1, 1994, such employee or such employee and any dependents shall not be subject to any preexisting condition period or other waiting period of the employee benefit plan of the plan sponsor with which such employment is obtained if both such plan sponsors have obtained excess insurance from the same insurer.