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Current as of January 01, 2023 | Updated by Findlaw Staff
Any group health plan offered by a sponsoring association must meet all of the following requirements:
(1) Neither be offered nor advertised to the public generally.
(2) Provides a level of coverage equal to or greater than sixty percent (60%) of the actuarial value of allowed costs for covered benefits.
(3) Provides coverage for hospital and physician services.
(4) Complies with the provisions of G.S. 58-3-150.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 58. Insurance § 58-50A-20. Health plan requirements - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-58-insurance/nc-gen-st-sect-58-50a-20/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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