§ 10-18-101 — Definitions

Colorado § 10-18-101

• Jurisdiction: Colorado
• Title 10: Insurance
• Art.: Medicare Supplement Insurance

Text

As used in this article, unless the context otherwise
requires:

(1) Applicant means:

(a) In the case of an individual medicare supplement policy or subscriber
contract, the person who seeks to contract for insurance benefits; or

(b) In the case of a group medicare supplement policy or subscriber contract,
the proposed certificate holder.

(2) Certificate means any certificate issued under a group medicare
supplement policy, which certificate has been delivered or issued for delivery in this
state.

(3) Medicare means the Health Insurance for the Aged Act, Title XVIII of
the federal Social Security Act, as amended by the social security amendments of
1965, and as later amended.

(4) Medicare supplement policy means a group or individual policy of
sickness and accident insurance or a subscriber contract of a nonprofit hospital and
health service corporation or a health maintenance organization, which policy or
contract is primarily advertised, marketed, or designed as a supplement to
reimbursements under medicare for the hospital, medical, or surgical expenses of
persons eligible for medicare.

Legislative History

Source: L. 89: Entire article R&RE, p. 498, � 1, effective July 1. L. 92: (4) amended, p. 1500, � 34, effective July 1.