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North Dakota Century Code Title 26.1. Insurance § 26.1-08.1-02. Cessation of operations

Current as of January 01, 2024 | Updated by Findlaw Staff

<Section repealed December 31, 2027.>

1. The association shall cease enrollment under the plan effective May 1, 2025.

2. After taking all reasonable steps, including those specified in this section, to timely and efficiently assist in the transition of individuals receiving benefits under chapter 26.1-08, and paying health insurance claims for plan coverage and meeting all other obligations of the board under this section, the association shall cease operating the pool.

3. The association may take any action it deems necessary to:

a. Cease enrollment for plan coverage effective May 1, 2025.

b. Terminate all existing benefit plans effective December 31, 2025.

c. Provide at least a ninety-day notice to current policyholders of the termination.

4. This section does not require the board to revise plan benefits to comply with this chapter.

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Cite this article: FindLaw.com - North Dakota Century Code Title 26.1. Insurance § 26.1-08.1-02. Cessation of operations - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-26-1-insurance/nd-cent-code-sect-26-1-08-1-02/

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