§ 27-8-13-3 — "Medicare supplement policy"

(a) As used in this chapter, "Medicare
supplement policy" means a group or individual policy of accident and
sickness insurance or a subscriber contract of health maintenance
organizations that is advertised, marketed, or designed primarily as a
supplement to reimbursements under Medicare for the hospital,
medical, or surgical expenses of persons eligible for Medicare benefits.
(b) The term does not include a group policy issued:
(1) to or for the benefit of employees;
(2) to one (1) or more labor organizations; or
(3) to the trustees of a fund established:
(A) by one (1) or more employees or former employees; or
(B) for members or former members of a labor organization.
(c) The term does not include:
(1) a policy issued under a contract under Section 1876 or 1833
of the federal Social Security Act (42 U.S.C. 1395 et seq.); or
(2) a policy issued under a demonstration project authorized
under amendments to the federal Social Security Act (42 U.S.C.
Chapter 7).

Legislative History

As added by P.L.275-1987, SEC.2. Amended by P.L.255-1989, SEC.1; P.L.126-1992, SEC.1; P.L.124-2018, SEC.79.