33-22-1523. Association portability plans. (1) The association shall offer at least two comprehensive health benefit plans designed by the association. The association portability plans may not be delivered or issued for delivery in this state until the policy forms and rates are approved by the commissioner, in accordance with rules adopted by the commissioner. The commissioner may by order extend the date by which the association shall offer the association portability plan until a date not later than January 1, 1998.
     (2) The association shall administer the association portability plans as a distinctly separate block of business from the association plan. The claims experience or the expense experience of the association plan may not be combined with the claims experience or expense experience of any association portability plan in the determination of association portability plan premium rates or reserves of any association portability plan.

     History: En. Sec. 41, Ch. 416, L. 1997.