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Minnesota Statutes Insurance (Ch. 59A-79a) § 60A.236. Stop loss regulation; small employer coverage

Current as of January 01, 2025 | Updated by Findlaw Staff

A contract providing stop loss coverage, issued or renewed to a small employer, as defined insection 62L.02, subdivision 26, or to a plan sponsored by a small employer, must include a claim settlement period no less favorable to the small employer or plan than the following:

(1) claims incurred during the contract period; and

(2) paid by the plan during the contract period or within three months after expiration of the contract period.

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Cite this article: FindLaw.com - Minnesota Statutes Insurance (Ch. 59A-79a) § 60A.236. Stop loss regulation; small employer coverage - last updated January 01, 2025 | https://codes.findlaw.com/mn/insurance-ch-59a-79a/mn-st-sect-60a-236/

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