Vermont § 4048a - Definitions; policies and contracts covered

§ 4048a. Definitions; policies and contracts covered

• (a) As used in this subchapter, “group health insurance policy or subscriber contract”
  means a policy or contract that meets the following conditions: (1) coverage is provided through insurance policies or subscriber contracts to classes
  of employees or members of an organization or group; (2) the coverage is not available to the general public and can be obtained and maintained
  only because of the covered individual’s employment or membership in an organization
  or group; (3) there are arrangements for bulk payment of premiums or subscription charges to the
  health insurer; and (4) there is sponsorship of the plan by the employer, organization, or group. (b) A group health insurance policy or subscriber contract shall not be issued or provided
  by a health insurer unless the policy or contract complies with the provisions of
  this subchapter and the rules adopted pursuant to this subchapter. (Recodified and amended 2025, No. 11, § 2, eff. September 1, 2025.)