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<br />2.10 Employee Health Benefits PoolsPools a self-insurance pool that <br />covers employee health benefits, disability benefits, or both. <br />2.11 Financial Administratoran entity engaged by the Board of <br />Trustees to <br />2.12 Former Employeean individual previously employed by a <br />Participating Member who is eligible for continuing participation in the Plan. <br />2.13 Membership Agreement <br />Agreement and Bylaws, and any amendments hereto, which prescribe the purpose, government, <br />and administration of the Pool. aws <br />2.14 Participating Memberany Minnesota Political <br />Subdivision that satisfies the membership requirements and has been approved by the <br />Board of Trustees for participation in the Pool. <br />Political Subdivisions. For the avoidance of doubt, the Pool shall not operate as a public/private <br />pool, and shall not offer membership to any private entity. <br />2.15 Planany Plan maintained by the Board of Trustees and authorized by Minnesota <br />law to provide employee health benefits to eligible Employees, Former Employees, and <br />Dependents of Participating Members. <br />2.16 Policy Year. -month period of employee health benefits coverage under <br />a Plan offered by the Pool to a Participating Member. <br />2.17 Political Subdivisiona statutory or home rule charter city, county, <br />school district, or instrumentality thereof, and includes any service cooperative that establishes <br />or operates a self-insured employee health benefits pool. <br />2.18 Poolrefers to Better Health Collective and means a self-insurance fund or agreement for <br />the reciprocal assumption of risk established by or amongst two or more Political Subdivisions for <br />coverage of their respective risks. <br />2.19 Premium by Participating Members for <br />Coverageassessments or penalties. <br />2.20 Reservepool liabilities for all incurred losses, both <br />reported and unreported, and for unearned Premiums, which are maintained pursuant standards <br />established by the Board of Trusteesin compliance with applicable Minnesota statutes and rules. <br />2.21 Runoff Pool-insure, but that <br />continues to exist for the purpose of paying claims, preparing reports, and administering <br />transactions associated with the period in which the Pool provided Coverage. <br />2.22 Self-insure- <br />benefits rather than transferring liability or responsibility to some other entity. <br />Page 3 of 24 <br /> <br /> <br />