§ 8701 — Definitions

Delaware § 8701

• Jurisdiction: Delaware
• Title: 18
• Part: Suretyship
• Ch. 87: The Delaware Health Insurance Individual Market Stabilization Reinsurance Program

Text

As used in this chapter, unless the context clearly indicates a different meaning, the following words and phrases shall have the meaning ascribed to them in this section:

(1) “Affordable Care Act” means the Patient Protection and Affordable Care Act, 42 U.S.C. § 18001 et seq.

(2) “Assessment” means any payment required to be made under § 8703 of this title.

(3) “Carrier” means any entity that provides health insurance in this State. For the purposes of this chapter, carrier includes an insurance company, health service corporation, health maintenance organization, managed care organization, and any other entity providing a plan of health insurance or health benefits subject to state insurance regulation.

(4) “Commission” and “DHCC” mean the Delaware Health Care Commission created pursuant to § 9902 of Title 16.

(5) “Commissioner” means the Insurance Commissioner of the State of Delaware.

(6) “Department” means the Delaware Department of Insurance.

(7) “Individual health benefit plan” means any policy offered in the individual market that is subject to the single risk pool requirements of § 1312(c)(1) of the Affordable Care Act [42 U.S.C. § 18032(c)(1)].

(8) “Program” means the Delaware Health Insurance Individual Market Stabilization Reinsurance Program created by § 9903(g) of Title 16.

Legislative History

82 Del. Laws, c. 61, § 2 ; 83 Del. Laws, c. 37, § 22