R.I. Gen. Laws § 27-8.2-3: Stop-loss insurance coverage standards.

(a) An insurer shall not issue a stop-loss insurance policy that:

(1) Has an annual attachment point for claims incurred per individual that is lower than twenty thousand dollars ($20,000);

(2) Has an annual aggregate attachment point that is lower than one hundred twenty percent (120%) of expected claim; and

(3) Provides direct coverage of healthcare expenses of an individual.

(b) The commissioner may adopt rules that carry out the requirements of this chapter.