§ 58-50-149. Limit on cessions to the Reinsurance Pool. - North Carolina Statutes

§ 58‑50‑149. Limit on cessions to the Reinsurance Pool.

In addition to any individualor group previously reinsured in accordance with G.S. 58‑50‑150(g)(1),the Pool shall only reinsure a health benefit plan issued or delivered fororiginal issue by a reinsuring carrier on or after October 1, 1995, if thehealth benefit plan provides coverage to a small employer with no more than 25eligible employees, including self‑employed individuals. Notwithstandingany other provision of law, the Pool shall cease to reinsure any individual orgroup on January 1, 2007. Reinsuring carriers as of that date shall continue tobe governed by G.S. 58‑50‑135(b) and G.S. 58‑50‑150until and through the termination of the Pool. (1995, c. 517, s. 29; 2006‑154, s. 8.)