New Jersey Revised Statutes § 17:48f-20 - Maintenance Of Insurance To Cover Insolvency.

17:48F-20 Maintenance of insurance to cover insolvency.

20.The commissioner may require, in connection with the plan for insolvency required pursuant to subsection p. of section 3 of this act, that a prepaid prescription service organization maintain insurance to cover the expenses to be paid for continued benefits following a determination of insolvency, or make other arrangements to ensure that benefits are continued for the period determined in the insolvency plan.


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Last modified: October 11, 2016