Title 31 — Insurance and Securities.

For the purposes of this chapter, the term: (1) “Aggregate attachment point” means the total amount of health claims incurred by a small employer in a policy year for all covered employees and their dependents, and covered by a stop-loss insurance policy, above which the stop-los…

(a) An insurer shall not issue or deliver to a small employer, as defined in §31-3301.01(42), a stop-loss insurance policy unless the employer has a fully-insured employee health benefit plan. (b) Stop-loss insurance is subject to the following: (1) The policy must be issued to a…