Indiana Statutes
§ 27-1-20-36 — Health insurer withdrawal from individual market
Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 20 Additional Provisions Pertaining to All Insurance
(a)As used in this section, "health
insurance" means the kind of coverage provided under a health
insurance plan.
(b)As used in this section, "health insurance plan" means any of the
following:
(1)An individual policy of accident and sickness insurance (as
defined in IC 27-8-5-1). However, the term does not include the
coverages described in IC 27-8-5-2.5(a).
(2)An individual contract (as defined in IC 27-13-1-21).
(c)As used in this section, "insurer" is limited to a person that
enters into, issues, or delivers a health insurance plan on an individual
basis in Indiana.
(d)An insurer shall, at least one hundred eighty (180) days before
withdrawing from the individual health insurance market in Indiana,
provide to the department written notice of the insurer's intent to
withdraw.
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Legislative History
As added by P.L.81-2012, SEC.9.
Nearby Sections
15
§ 27-1-1-1
Creation; functions§ 27-1-1-2
Insurance commissioner§ 27-1-1-3
Personnel§ 27-1-1-4
Repealed§ 27-1-1-5
Repealed§ 27-1-1.5-10
"Annual Statement Blank"§ 27-1-1.5-11
"Annual Statement Instructions"§ 27-1-1.5-12
"Current Dental Terminology"; "CDT"§ 27-1-1.5-13
"Current Procedural Terminology"; "CPT"§ 27-1-1.5-15
"Financial Analysis Handbook"§ 27-1-1.5-16
"Financial Condition Examiner's Handbook"§ 27-1-1.5-18
"Healthcare Common Procedure Coding System"; "HCPCS"