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Section 17B:27C-2 - Purposes of act.

NJ Rev Stat § 17B:27C-2 (2019) (N/A)
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17B:27C-2 Purposes of act.

2. The purposes of this act are to:

a. provide for the registration of self-funded or partially self-funded multiple employer welfare arrangements;

b. regulate self-funded or partially self-funded multiple employer welfare arrangements in order to ensure the financial integrity of the arrangements;

c. provide reporting requirements for self-funded or partially self-funded multiple employer welfare arrangements; and

d. provide for sanctions against self-funded or partially self-funded multiple employer welfare arrangements that do not comply with the provisions of this act.

L.2001,c.352,s.2.

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Section 17B:27C-3 - Definitions relative to self-funded multiple employer welfare arrangements.