12.__Reinsurer.__"Reinsurer" means an insurer from whom a person providing health insurance for a resident procures insurance for itself with the insurer with respect to all or part of the medical insurance risk of the person. "Reinsurer" includes an insurer that provides employee benefits excess insurance.

13.__Third-party administrator.__"Third-party administrator" means an entity that is paying or processing medical insurance claims for a 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, every insurer that has sold medical insurance within the previous 12 months or is actively marketing a medical insurance policy in this State shall 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 11 members appointed as follows.

(1)__Six members appointed by the superintendent:

(a)__Two members must be chosen from the general public and may not be associated with the medical profession, a hospital or an insurer;

(b)__Two members must represent medical providers;

(c)__One member must represent health insurance producers; and

(d)__One member must represent a statewide association representing small businesses that receives the majority of its funding from persons and businesses in the State.

A board member appointed by the superintendent may be removed at any time without cause;