Title 33, Chapter 50, Section 12
( 33-50-12)
It is the intent of the General Assembly that a multiple employer
self-insured health plan be created and maintained by and for the
benefit of participating employers and operated under their
exclusive management and control. This chapter is not intended to
permit third-party administrators or other entrepreneurial promoters
to establish a trust or plan and then proceed to solicit employers
as participants. It is specifically intended that the impetus for
the creation of the plan must come from the employers themselves,
and the employers must at all times exercise absolute control over
the management and conduct of the plan's business and affairs. |