Rhode Island General Laws 40.1-24.6-2. Purpose
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The purpose of this chapter is to authorize operators of developmental disability agencies acting as a group, to self-insure healthcare costs for employees, retirees, and other beneficiaries and allow a qualified third-party administrator to administer the program.
History of Section.
P.L. 2017, ch. 405, § 1; P.L. 2017, ch. 421, § 1.
Terms Used In Rhode Island General Laws 40.1-24.6-2
- Qualified third-party administrator: means an entity with at least five (5) years of experience creating and operating health-benefit plans that maintain sufficiently capitalized self-insurance funds of similar characteristics of the fund being authorized in accordance with this chapter. See Rhode Island General Laws 40.1-24.6-1