Missouri § 376.1010 - Excess stop-loss coverage maintained by plan.
Full text of Missouri Revised Statutes of Missouri § 376.1010 — Excess stop-loss coverage maintained by plan., with citation guidance and answers to common questions.
§ 376.1010. Excess stop-loss coverage maintained by plan.
A multiple employer self-insured health plan shall maintain aggregate excess stop-loss coverage and individual excess stop-loss coverage provided by an insurer licensed by the state to write accident and health insurance on a direct basis. Aggregate excess stop-loss coverage shall include provisions to cover incurred, unpaid claim liability in the event of plan termination. The excess or stop-loss insurer shall bear the risk of coverage for any member employer of the plan that becomes insolvent with outstanding contributions due. In addition, the plan shall have a participating employer's fund in an amount at least equal to the point at which the excess or stop-loss insurer shall assume one hundred percent of additional liability. A plan shall submit its proposed excess or stop-loss insurance contract to the director at least thirty days prior to the proposed plan's effective date and at least thirty days subsequent to any renewal date. The director shall review the contract to determine whether it meets the standards established by sections 376.1000 to 376.1045 and respond within a thirty-day period. Any excess or stop-loss insurance plan must be noncancelable for a minimum term of two years.
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(L. 1993 H.B. 709 § 26)
---- end of effective 28 Aug 1993 ----
Frequently Asked Questions About Missouri § 376.1010
What does Revised Statutes of Missouri § 376.1010 cover?
Section 376.1010 ("Excess stop-loss coverage maintained by plan.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 376.1010?
A common citation format is "Revised Statutes of Missouri § 376.1010" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 376.1010 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.