Chapter 62H — Authority to Jointly Self-insure

Minnesota Statutes Chapter 62H — Authority to Jointly Self-insure

62H.01 Authority to Jointly Self-insure Two or more private employers in Minnesota can join together to self-insure their employees' health, dental, and … 62H.02 Required Provisions Joint self-insurance plans must buy stop-loss insurance from a Minnesota-licensed company to protect against large … 62H.03 Marketing, Risk Management, or Administrative Services Joint self-insurance plans can only use marketing, risk management, and administrative services from vendors who are … 62H.04 Compliance With Other Laws Joint self-insurance plans must follow most Minnesota insurance laws and the Affordable Care Act. They must pay … 62H.05 Management of Funds Money collected from employers in a joint self-insurance plan must be held in a trust managed by elected trustees. … 62H.06 Regulation of Plans by Commissioner The Commissioner of Commerce creates rules to make sure joint self-insurance plans stay financially sound. The … 62H.07 This section has been repealed and is no longer in effect. 62H.08 Exemption A group health plan that existed before March 1, 1983, and is sponsored by a tax-exempt trade association, is exempt … 62H.10 Definitions This section defines important terms used in the rules about multiple employer welfare arrangements (MEWAs), employee … 62H.11 Agents and Brokers Prohibited From Assisting Reportable Mewas Prior to Filing Insurance agents and brokers cannot sell or market health coverage from a multiple employer welfare arrangement (MEWA) … 62H.12 Agents and Brokers Prohibited From Assisting Employee Leasing Arrangements Prior to Filing Insurance agents and brokers cannot sell or market health coverage from an employee leasing arrangement unless they … 62H.13 Agents and Brokers Prohibited From Assisting Collectively Bargained Arrangements Prior to Filing Insurance agents and brokers cannot sell or market health coverage from a collectively bargained arrangement (union … 62H.14 Third-party Administrators and Licensed Insurers Prohibited From Assisting Reportable Mewas Prior to Filing Third-party administrators and licensed insurance companies cannot work with a multiple employer welfare arrangement … 62H.15 Lack of Knowledge Not a Defense Not knowing about the rules or not intending to deceive anyone is not a valid defense for violating the MEWA filing … 62H.16 Information Required to Be Filed and Kept Current Anyone required to file under the MEWA rules must submit organizational documents, insurance contracts, benefit plan … 62H.17 Liability for Violation If an unauthorized health benefit arrangement fails to pay a claim, any person who violated the MEWA filing requirements … 62H.18 Agricultural Cooperative Health Plan Agricultural cooperatives in Minnesota can set up joint self-insurance health plans for their members. The cooperative …