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4.8 SR 07-18-2022
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4.8 SR 07-18-2022
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<br />create and operate a joint self-insurance pool for the purposes of providing employee <br />health benefits to statutory and home rule charter cities, counties, school districts, and <br />instrumentalities thereof that wish to jointly self-insure for such benefits. Sourcewell is <br />the Sponsoring Association of the Pool, and it also qualifies as a Participating Member. <br />1.3.2 Participating Members. Participating Members are Sourcewell, statutory or home rule <br />charter cities, counties, school districts, or instrumentalities thereof that wish to jointly <br />self-insure for employee health benefits pursuant to Minnesota Statutes, § 471.617, <br />subdivision 2. <br />1.3.3 Joint Powers Act. The governing bodies of Sourcewell (as the Sponsoring Association) and <br />each Participating Member have entered this Agreement pursuant to the Minnesota Joint <br />Powers Act, set forth at Minnesota Statutes, § 471.59, subdivision 1, to govern the <br />formation, operation, and dissolution of the Pool. <br />1.4 Prior Agreements. This Membership Agreement and Bylaws shall supersede and terminate any <br />prior agreement(s) or bylaws regarding Better Health Collective and its predecessor, the <br />Sourcewell Risk Management Pool. <br />ARTICLE II. DEFINITIONS <br />2.1 Board of Trustees, , governing body of the <br />Pool. <br />2.2 Bylawsthe elements of this combined Membership Agreement and Bylaws, and <br />any amendments thereto, which prescribe the purpose, governance, and administration of the <br />Poolthe Bylaws. <br />2.3 CommissionerMinnesota Commissioner of Commerce. <br />2.4 Covered Personfor Coverage under the Plan. <br />2.5 Coveragemeans the right of a Covered Person to benefits provided by the Pool, by <br />virtue of the Coverage Document(s). <br />2.6 Coverage Document(s). the document(s) specifying the <br />characteristics and duration of Coverage provided through the Pool. Characteristics of Coverage <br />include the kind of loss or benefit the Pool will reimburse, subject to specific exclusions, <br />limitations, or deductibles. <br />2.7 Days <br />2.8 Dependentor child under age 26 of an Employee or Former <br />Employee of a Participating Member. <br />2.9 Employee current employee of a Participating Member who is eligible for <br />participation in the Plan. <br />Page 2 of 24 <br /> <br /> <br />
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