§ 27-1-50-3 — "Health insurance coverage"

Indiana § 27-1-50-3

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 1: DEPARTMENT OF INSURANCE
• Ch. 50: Group Prescription Drug Rebates

Text

(a) As used in this chapter, "health insurance
coverage" includes:
(1) a group policy of accident and sickness insurance (as defined
in IC 27-8-5-1);
(2) a group contract (as defined in IC 27-13-1-16) that provides
coverage for basic health care services (as defined in IC 27-13-1-4); and
(3) any other group health plan that limits eligibility to members
of a specific group;
that is subject to state law regulating insurance and offers health
insurance coverage (as defined in 42 U.S.C. 300gg-91). The term
includes coverage of a dependent of the covered individual under a
group policy or contract described in subdivisions (1) through (3).
(b) The term does not include a self-funded health benefit plan that
complies with the federal Employee Retirement Income Security Act
(ERISA) of 1974 (29 U.S.C. 1001 et seq.).

Legislative History

As added by P.L.166-2023, SEC.3. Amended by P.L.9-2024, SEC.482.