Election to become reinsuring insurer
Known as the Small Employer Health Insurance Availability Act
The act spans §§ 38-71-1310 to 38-71-1450 (19 sections).
1994 Act No. 339, SECTION 10, eff July 1, 1995.
(A) A small employer insurer may elect to become a reinsuring insurer and operate under the provisions of this section and Section 38-71-1410.
(B) Each reinsuring insurer shall conduct business with its members and subscribers, and administer claims for coverage reinsured by the program, in the same manner as it would administer health claims that it writes without reinsurance.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.