New Member Timeline

Prior to November 1

Prospective member provides the CT-CHIP Administrative Team with all the necessary materials outlined on the New Member Checklist.
Potential member will be factored into CT-CHIP’s Pre-Renewal figures and provided with rates.

January 1-31

CT-CHIP Board provides conditional approval to potential members.

February 1

Prospective member notifies CT-CHIP of their decision to pursue CT-CHIP membership.

March 1

Prospective member presents a letter to the CT-CHIP Board requesting membership along with a signed copy of the bylaws. At this time the new group should also advise their current carrier they are leaving.

The CT-CHIP Board will vote on membership request(s) at its March board meeting, scheduled for the 3rd Wednesday of the month.

April 1

Prospective member provides 90-day notification to its current insurance administrator.

Questions? Please contact:
Larisa Carr, CT–CHIP Administrator

Consecutive rate proposal requests from potential members
CT-CHIP rates that are prepared for potential members are factored into the current CT-CHIP membership’s renewal rates. For this reason, potential members will be provided rates from CT-CHIP for one year only. If the potential member is not able to arrive at a decision for membership after year one, a letter requesting rates for year two would need to be submitted to the CT-CHIP Board of Directors. This letter would provide a request for a quote accompanied by an explanation to be submitted to the CT-CHIP Board of Directors for consideration.