™Your Policy Risk Impact Agent
324 chapters · 2,613 sections in this title.
R.I. Gen. Laws § 42-157.1-1. Short title and purpose
0.5K chars
(a) This chapter shall be known and may be cited as the “Rhode Island Market Stability and Reinsurance Act.” (b) The purpose of this chapter is to authorize the director to create the Rhode Island reinsurance program to stabilize health insurance rates and premiums in the individ…
R.I. Gen. Laws § 42-157.1-2. Definitions
0.8K chars
As used in this chapter: (1) “Director” means the director of the Rhode Island health benefits exchange. (2) “Exchange” means the Rhode Island health benefits exchange established within the department of administration by § 42-157-1. (3) “Health insurance carrier” or “carrier” h…
R.I. Gen. Laws § 42-157.1-3. Establishment of the Rhode Island reinsurance program
1.3K chars
(a) The director is authorized to establish and implement a state-based reinsurance program, to be known as the Rhode Island reinsurance program: (1) To provide reinsurance to carriers that offer health insurance coverage on the individual market in the state; (2) That meets the …
R.I. Gen. Laws § 42-157.1-4. Powers of the director
0.6K chars
The director may: (1) Contract with the federal government or another unit of government to ensure coordination of the program; (2) Apply for any available federal funding for the program; (3) Undertake, directly or through contracts with other persons or entities, studies or dem…
