§ 4048a.
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/vt/title-8/chapter-107/4048aA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 4048a. Definitions; policies and contracts covered
(a)As used in this subchapter, “group health insurance policy or subscriber contract” means a policy or contract that meets the following conditions:
(1)coverage is provided through insurance policies or subscriber contracts to classes of employees or members of an organization or group;
(2)the coverage is not available to the general public and can be obtained and maintained only because of the covered individual’s employment or membership in an organization or group;
(3)there are arrangements for bulk payment of premiums or subscription charges to the health insurer; and
(4)there is sponsorship of the plan by the employer, organization, or group.
(b)A group health insurance policy or subscriber contract shall not be issued or provided by a health insurer unless the policy or contract complies with the provisions of this subchapter and the rules adopted pursuant to this subchapter. (Recodified and amended 2025, No. 11, § 2, eff. September 1, 2025.)