R590-250-3
R590-250-3. Definitions
Cite as Utah Admin. Code R590-250-3
Terms used in this rule are defined in Sections 31A-1-301 and 31A-40-102. Additional terms are defined as follows:
(1) "Fully insured," as used in Title 31A, Chapter 40, Professional Employer Organization Licensing Act, and described in Section R590-250-4 means a health benefit plan where 100% of the liability is assumed by an insurer authorized to conduct business in Utah.
(2) "PEO" means a professional employer organization.