The Vermont Statutes Online
The Vermont Statutes Online does not include the actions of the 2024 session of the General Assembly. We expect them to be updated by November 1st.
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.)