§ 27-8-38-2 — "Accident and sickness insurance policy"

Indiana § 27-8-38-2

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 8: LIFE, ACCIDENT, AND HEALTH
• Ch. 38: Coverage for Emergency Ambulance Services and

Text

(a) As used in this chapter, "accident and
sickness insurance policy" means an insurance policy that:
(1) provides at least one (1) of the types of insurance described in
IC 27-1-5-1, Classes 1(b) and 2(a); and
(2) is issued on:
(A) an individual basis; or
(B) a group basis.
(b) "Accident and sickness insurance policy" does not include the
following:
(1) Accident only, credit, dental, vision, Medicare supplement,
long term care, or disability income insurance.
(2) Coverage issued as a supplement to liability insurance.
(3) Worker's compensation or similar insurance.
(4) Automobile medical payment insurance.
(5) A specified disease policy.
(6) A short term insurance plan that:
(A) may be renewed for the greater of:
(i) thirty-six (36) months; or
(ii) the maximum period permitted under federal law;
(B) has a term of not more than three hundred sixty-four (364)
days; and
(C) has an annual limit of at least two million dollars
($2,000,000).
(7) A policy that provides indemnity benefits not based on any
expense incurred requirement, including a plan that provides
coverage for:
(A) hospital confinement, critical illness, or intensive care; or
(B) gaps for deductibles or copayments.
(8) A supplemental plan that always pays in addition to other
coverage.
(9) A student health plan.
(10) An employer sponsored health benefit plan that is:
(A) provided to individuals who are eligible for Medicare; and
(B) not marketed as, or held out to be, a Medicare supplement
policy.

Legislative History

As added by P.L.170-2022, SEC.38.