# 18 Del. C. § 7208: § Â 7208. Notice of intent to operate as a risk-assuming carrier

> Delaware · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7208

## Section

- **Citation:** 18 Del. C. § 7208
- **Heading:** § Â 7208. Notice of intent to operate as a risk-assuming carrier
- **Jurisdiction:** Delaware
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Delaware Code / Title 18 / Chapter 72 / Section 7208

## Text

(a) (1) Each small employer carrier desiring to operate as a risk-assuming carrier shall make application to the Commissioner within 30 days of January 4, 1993 to operate as a risk-assuming carrier, pursuant to § 7209 of this title.

(2) The Commissioner may permit a carrier to modify its status at any time for good cause shown.

(3) The Commissioner shall establish an application process for small employer carriers seeking to change their status under this subsection.

(b) A reinsuring carrier that applies and is approved to operate as a risk-assuming carrier shall not be permitted to continue to reinsure any health benefit plan with the Program. Such a carrier shall pay a prorated assessment based upon business issued as a reinsuring carrier for any portion of the year that the business was reinsured.

## Nearby sections

- [18 Del. C. § 7201 § Â
        7201. Purpose.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7201.md)
- [18 Del. C. § 7202 § Â
        7202. Definitions [For application of this section, see 79 Del. Laws, c. 99, Â 19].](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7202.md)
- [18 Del. C. § 7203 § Â
        7203. Applicability and scope.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7203.md)
- [18 Del. C. § 7204 § Â
        7204. Establishment of classes of business.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7204.md)
- [18 Del. C. § 7205 § Â
        7205. Restrictions relating to premium rates.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7205.md)
- [18 Del. C. § 7206 § Â
        7206. Renewability of coverage.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7206.md)
- [18 Del. C. § 7207 § Â
        7207. Availability of coverage; preexisting conditions; minimum participation [For application of this section, see 79 Del. Laws, c. 99, Â 19].](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7207.md)
- [18 Del. C. § 7208 § Â
        7208. Notice of intent to operate as a risk-assuming carrier.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7208.md)
- [18 Del. C. § 7209 § Â
        7209. Application to become a risk-assuming carrier.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7209.md)
- [18 Del. C. § 7211 § Â
        7211. Health benefit plan committee.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7211.md)
- [18 Del. C. § 7212 § Â
        7212. Periodic market evaluation.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7212.md)
- [18 Del. C. § 7213 § Â
        7213. Waiver of certain state laws.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7213.md)
- [18 Del. C. § 7214 § Â
        7214. Administrative procedures.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7214.md)
- [18 Del. C. § 7215 § Â
        7215. Standards to assure fair marketing.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7215.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C72_S7208. Check the current official text before relying on it. Not legal advice.