112 STAT. 2368 PUBLIC LAW 105-266—OCT. 19, 1998 (4) Coverage under chapter 89 of title 5, United States Code, pursuant to an enrollment under this section shall become effective on January 3, 1999 or such earlier date as established by the Office of Personnel Management after consultation with the Federal Deposit Insurance Corporation or the Board of Governors of the Federal Reserve System, as appropriate. (c) ELIGIBILITY FOR FEHBP LIMITED TO INDIVIDUALS LOSING ELIGIBILITY UNDER FORMER HEALTH PLAN.— Nothing in subsection (a)(2) or any paragraph of subsection (b) (to the extent such paragraph relates to the plan described in subsection (a)(2)) shall be considered to apply with respect to any individual whose eligibility for coverage under such plan does not involuntarily terminate on or before January 2, 1999. (d) TRANSFERS TO THE EMPLOYEES HEALTH BENEFITS FUND.— The Federal Deposit Insurance Corporation and the Board of Governors of the Federal Reserve System shall transfer to the Employ- ees Health Benefits Fund under section 8909 of title 5, United States Code, amounts determined by the Director of the Office of Personnel Management, after consultation with the Federal Deposit Insurance Corporation and the Board of Governors of the Federal Reserve System, to be necessary to reimburse the Fund for the cost of providing benefits under this section not otherwise paid for by the individuals covered by this section. The amounts so transferred shall be held in the Fund and used by the Office of Personnel Management in addition to amounts available under section 8906(g)(1) of such title. (e) ADMINISTRATION AND REGULATIONS.—The Office of Personnel Management— (1) shall administer the provisions of this section to provide for— (A) a period of notice and open enrollment for individuals affected by this section; and (B) no lapse of health coverage for individuals who enroll in a health benefits plan under chapter 89 of title 5, United States Code, in accordance with this section; and (2) may prescribe regulations to implement this section. 5 USC 8902 note. SEC. 5. FULL DISCLOSURE IN HEALTH PLAN CONTRACTS. The Office of Personnel Management shall encourage carriers offering health benefits plans described by section 8903 or section 8903a of title 5, United States Code, with respect to contractual arrangements made by such carriers with any person for puiposes of obtaining discounts from providers for health care services or supplies furnished to individuals enrolled in such plan, to seek assurance that the conditions for such discounts are luUy disclosed to the providers who grant them. SEC. 6. PROVISIONS RELATING TO CERTAIN PLANS THAT HAVE DISCONTINUED THEIR PARTICIPATION IN FEHBP. (a) AUTHORITY TO READMIT. — (1) IN GENERAL. —Chapter 89 of title 5, United States Code, is amended by inserting after section 8903a the following:
- § 8903b. Authority to readmit an employee organization plan
"(a) In the event that a plan described by section 8903(3) or 8903a is discontinued under this chapter (other than in the circumstance described in section 8909(a)), that discontinuation
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