The Vermont Statutes Online
The Statutes below include the actions of the 2024 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 8 : Banking and Insurance
Chapter 107 : Health Insurance
Subchapter 003 : GROUP HEALTH INSURANCE TERMINATION AND REPLACEMENT
(Cite as: 8 V.S.A. § 4091a)-
§ 4091a. Definitions
As used in this subchapter:
(1) “Carrier” means an insurance company, a nonprofit medical or hospital service corporation, or a health maintenance organization which issues or provides a group health insurance policy or subscriber contract.
(2) “Group health insurance policy or subscriber contract” means a policy or contract which meets the following conditions:
(A) coverage is provided through insurance policies or subscriber contracts to classes of employees or members of an organization or group;
(B) the coverage is not available to the general public and can be obtained and maintained only because of the covered person’s employment or membership in an organization or group;
(C) there are arrangements for bulk payment of premiums or subscription charges to the insurer, nonprofit service corporation, or health maintenance organization; and
(D) there is sponsorship of the plan by the employer, organization, or group. (Added 1989, No. 113, § 2.)
