Definitions As used in this subchapter:(1) 'Carrier' means an insurance company, a nonprofit medical or hospital service corporation, or a health maintenance organization which issues or provides a group health insurance policy or subscriber contract. (2) 'Group health insurance policy or subscriber contract' means a policy or contract which meets the following conditions: (A) coverage is provided through insurance policies or subscriber contracts to classes of employees or members of an organization or group; (B) the coverage is not available to the general public and can be obtained and maintained only because of the covered person’s employment or membership in an organization or group; (C) there are arrangements for bulk payment of premiums or subscription charges to the insurer, nonprofit service corporation, or health maintenance organization; and (D) there is sponsorship of the plan by the employer, organization, or group. (Added 1989, No. 113, § 2.)
Vermont Legal Code