13.__Third-party administrator.__"Third-party administrator" means any entity that is paying or processing medical insurance claims for any resident.

§3904.__Comprehensive Health Insurance Risk Pool Association

1.__Risk pool established.__The Comprehensive Health Insurance Risk Pool Association is established as a nonprofit legal entity.__ As a condition of doing business, an insurer that has sold medical insurance within the previous 12 months or is actively marketing a medical insurance policy in this State must participate in the association.

2.__Board of directors.__The association is governed by a board of directors in accordance with the following.

A.__The board consists of 9 members appointed as follows:

(1)__Six members appointed by the superintendent:__2 members chosen from the general public and who are not associated with the medical profession, a hospital or an insurer; 2 members who represent medical providers; one member who represents a statewide organization that represents small businesses and that receives a majority of its funding from small businesses located in this State; and one member who represents producers.__ A board member appointed by the superintendent may be removed at any time without cause; and

(2)__Three members appointed by the member insurers, at least 2 of whom are domestic insurers.

B.__Members of the board serve for 3-year terms, except that of those members initially appointed by the superintendent, one member serves for a term of one year, 2 members for a term of 2 years and one member for a term of 3 years and of those members initially appointed by the member insurers, one member serves for a term of one year, one member serves for a term of 2 years and one member serves for a term of 3 years.__The appointing authority shall designate the period of service of each initial appointee at the time of appointment.