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Mo. Rev. Stat. § 376.1040

Plan not to be offered to public — marketing restrictions — exemption — use..

Known as the Standard Valuation Law

The act spans §§ 376–376 (408 sections).

Effective: 28 Aug 2019, 2 histories; (L. 1993 H.B. 709 § 38, A.L. 2019 S.B. 514)

1. No multiple employer self-insured health plan shall be offered or advertised to the public. No plan shall be sold, solicited, or marketed by persons or entities defined in section 375.012 or sections 376.1075 to 376.1095. Multiple employer self-insured health plans with a certificate of authority approved by the director under section 376.1002 shall be exempt from the restrictions set forth in this section.

2. A health carrier acting as an administrator for a multiple employer self-insured health plan shall permit any willing licensed broker to quote, sell, solicit, or market such plan to the extent permitted by this section; provided that such broker is appointed and in good standing with the health carrier and completes all required training.

Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.