{"data":{"id":"us-ne/neb.-rev.-stat.-44-4223","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 44-4223","heading":"Neb. Rev. Stat. § 44-4223","body":"(1) The board shall select a pool administrator through a competitive bidding process to administer the pool. The pool administrator may be an insurer or a third-party administrator authorized to transact business in this state. The board shall evaluate bids submitted on the basis of criteria established by the board which shall include:\n\n(a) The applicant's proven ability to handle individual sickness and accident insurance;\n\n(b) The efficiency of the applicant's claim-paying procedures;\n\n(c) The applicant's estimate of total charges for administering the pool;\n\n(d) The applicant's ability to administer the pool in a cost-effective manner; and\n\n(e) The applicant's ability to negotiate reduced health care provider reimbursement rates for benefits payable under pool coverage for covered services.\n\n(2) The pool administrator shall serve for a period of three years subject to removal for cause. At least one year prior to the expiration of each three-year period of service by a pool administrator, the board shall invite all insurers and third-party administrators authorized to transact business in this state, including the current pool administrator, to submit bids to serve as the pool administrator for the succeeding three-year period. Selection of the pool administrator for the succeeding period shall be made at least six months prior to the end of the current three-year period.","path":["NE Code","Chapter 44"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=44-4223","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:21Z","sha256":"d20f10acc5e66e63ee5462ebcaa754dea4c3d0395056460ad67aa983b87b3ffd","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-44-4222.01","next":"us-ne/neb.-rev.-stat.-44-4224"},"notice":"GroundRules: Original legal text. Not legal advice."}