§ 27-8-5-29 — Health plans offered through health benefit exchange

Indiana § 27-8-5-29

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 8: LIFE, ACCIDENT, AND HEALTH
• Ch. 5: Accident and Sickness Insurance─Policy Provisions

Text

(a) The definitions in IC 27-19-2 apply
throughout this section.
(b) A health plan may not be offered to any person in Indiana
through a health benefit exchange unless:
(1) the form of the policy, classification of risks, and premium
rates that apply to the health plan have been filed with and
reviewed and approved by the commissioner under this chapter;
and
(2) the insurer is authorized under this title to engage in the
business of insurance in Indiana.
(c) An insurer that offers a multistate health plan under Section
1334 of PPACA through a health benefit exchange shall file, for review
and approval, the form of the policy, classification of risks, and
premium rates that apply to the multistate health plan with the
commissioner within five (5) business days of the date on which the
same filing is made with the federal government.
(d) This title, in conformity with PPACA, applies to a health plan
offered through a health benefit exchange to the same extent that this
title would apply if the health plan were offered independently of a
health benefit exchange.

Legislative History

As added by P.L.278-2013, SEC.25.