The words and terms used in this Plan shall have the
meanings set forth at N.J.S.A. 17B:27A-17 and
N.J.A.C.
11:21-1.2 or as further defined below:
"Administrator" or "Executive Director" means that person,
persons, or entity selected by the Board to effectuate the administrative
functions of the Program.
"Deferral" means a deferment, in whole or in part, of
payments by a member of any assessment issued by the SEH Program Board, granted
by the Commissioner pursuant to 17B:27A-38 and N.J.A.C. 11:21-15.
"Earned premiums" means the premium earned in New Jersey on
health benefits plans less returned premiums thereon.
"Executive Director" means that person, persons, or entity
selected by the Board to effectuate the administrative functions of the
Program.
"Plan of Operation" means the plan of operation of the
Program, including articles, by-laws and operating rules approved by the Board
pursuant to the Act.