Chapter 176M

Section 1. As used in this chapter the following words shall unless the context clearly requires otherwise have the following meanings:— ''Actuarial opinion'', a signed written statement by a member of the American Academy of Actuaries based upon the person's examination, includi…

Section 2. (a) Any nongroup health plan offered, sold, issued, delivered, made effective, or renewed by any carrier on or after August fifteenth, nineteen hundred and ninety-six shall comply with the provisions of this chapter; provided, however, that the offer, sale, issue, rene…

Section 3. (a) No carrier, with respect to an eligible individual or eligible dependent desiring to enroll in any guaranteed issue health plan, may decline to offer such coverage to, or deny enrollment of, any such individual or dependent except as otherwise allowed in this secti…

Section 4. (a) Premiums charged to eligible individuals for guaranteed issue health plans issued or renewed after August fifteenth, nineteen hundred and ninety-six, shall satisfy the requirements of this section. (1) Each carrier shall establish a base premium rate for each rate …

Section 5. (a) (1) No later than seventy-five days after the commissioner has approved the standard benefits plans pursuant to section two and no later than May first of each year thereafter, each carrier shall submit a nongroup rate filing to the commissioner. Each carrier shall…

Section 6. (a) There is hereby established a nonprofit entity to be known as the Massachusetts Nongroup Health Reinsurance Plan. Any carrier issuing or renewing a guaranteed issue health plan shall be a member of the plan. (b) The plan shall be prepared and administered by a five…

Section 7. The commissioner may promulgate rules and regulations as are necessary or proper to carry out the provisions of this chapter.