A third-party payor that is a multiple employer welfare arrangement, as defined in section 3 of the federal Employee Retirement Income Security Act of 1974, 29 U.S.C. § 1002, paragraph 40, that meets the criteria set forth in section 507A.4, subsection 10, is not subject to the jurisdiction of the commissioner of insurance pursuant to this chapter even though it may be subject to the jurisdiction of another agency of the state or federal government.
94 Acts, ch 1038, §2
Section repealed effective July 1, 1997; 94 Acts, ch 1038, §3; 95 Acts, ch 33, §1; 96 Acts, ch 1024, § 1
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