New Jersey S2558 amends the "New Jersey Insurance Fraud Prevention Act" to include self-insured entities and plans.

New Jersey S2558 amends the "New Jersey Insurance Fraud Prevention Act" to include self-insured entities and plans under certain provisions. The bill defines "self-insured entity" as a public or private entity that retains the risk and responsibility for paying for losses from contingent events for beneficiaries of its self-insured plan, in accordance with the terms of its self-insured plan, from its own funds or from its own funds together with funds contributed by or on behalf of the beneficiaries of the self-insured plan.

New Jersey S2558 amends the "New Jersey Insurance Fraud Prevention Act" to include self-insured entities and plans.

New Jersey S2558 amends the "New Jersey Insurance Fraud Prevention Act" to include self-insured entities and plans under certain provisions. The bill defines "self-insured entity" as a public or private entity that retains the risk and responsibility for paying for losses from contingent events for beneficiaries of its self-insured plan, in accordance with the terms of its self-insured plan, from its own funds or from its own funds together with funds contributed by or on behalf of the beneficiaries of the self-insured plan.