44-5231.01. Bona fide association, defined.

Bona fide association means, with respect to health insurance coverage offered in this state, an association that meets the following conditions:

(1) Has been actively in existence for at least five years;

(2) Has been formed and maintained in good faith for purposes other than obtaining insurance;

(3) Does not condition membership in the association on a health-status-related factor of an individual, including an employee or a dependent of any employee;

(4) Makes health insurance coverage offered through the association available to any member regardless of a health-status-related factor of the member or individual eligible for coverage through a member; and

(5) Does not make available health insurance coverage offered through the association other than in connection with a member of the association.

Source:Laws 2009, LB192, ยง 7.