Missouri § 376.432 - Group-type basis, defined.
Full text of Missouri Revised Statutes of Missouri § 376.432 — Group-type basis, defined., with citation guidance and answers to common questions.
§ 376.432. Group-type basis, defined.
As used in sections 376.431 to 376.442, the term "group-type basis" means a benefit plan, other than salary budget plans utilizing individual insurance policies or contracts, which meets the following conditions:
(1) Coverage is provided through insurance policies or contracts to classes of employees or members defined in terms of conditions pertaining to employment or membership;
(2) The coverage is not available to the general public and can be obtained and maintained only because of the covered person's membership in or connection with the particular organization or group;
(3) There are arrangements for bulk payment of premiums or subscription charges to the insurer or health services corporation; and
(4) There is sponsorship of the plan by the employer, union or association.
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(L. 1985 H.B. 623, A.L. 1999 H.B. 903)
---- end of effective 28 Aug 1999 ----
Frequently Asked Questions About Missouri § 376.432
What does Revised Statutes of Missouri § 376.432 cover?
Section 376.432 ("Group-type basis, defined.") 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 § 376.432?
A common citation format is "Revised Statutes of Missouri § 376.432" (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 § 376.432 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.