1VAC55-20-450. Basic plan.
The department may provide self-funded plan(s) administered by a third party administrator including, but not limited to, an exclusive provider organization (EPO) and a point of service plan (POS). These plans are described in the employee handbooks, which are distributed to employees upon enrollment. The department shall denote a self-funded plan as the "basic plan," which is required by code to be available throughout the state and shall provide the basis for all employer contributions.
Statutory Authority
§§ 2.2-1204 and 2.2-2818 of the Code of Virginia.
Historical Notes
Derived from VR525-01-02 § 5.1, eff. November 21, 1990; amended, Virginia Register Volume 20, Issue 20, eff. July 16, 2004.