60A.236 STOP LOSS REGULATION; SMALL EMPLOYER COVERAGE.
A contract providing stop loss coverage, issued or renewed to a small employer, as defined in
section
62L.02, subdivision 26, or to a plan sponsored by a small employer, must include a claim
settlement period no less favorable to the small employer or plan than coverage of all claims
incurred during the contract period regardless of when the claims are paid.
History: 1995 c 258 s 7