§ 38-71-750 — Requirements of group policies extended to group policies issued outside State to residents; approval required for mass-marketed policies and certificates.

(1) No group accident, group health, or group accident and health insurance coverage may be extended to residents of this State under a policy issued outside this State which does not provide in substance the provisions of this article unless the director or his designee determines that certain provisions are not appropriate for the coverage provided. (2) Any insurer extending blanket or group accident, health, or accident and health insurance under a policy issued outside this State to residents of this State shall comply with the requirements of this State relating to advertising and to claims settlement practices with respect to the insurance. (3) Upon request of the director or his designee, copies of policies and certificates under a policy of group accident, group health, or group accident and health insurance issued outside this State and covering residents of this State must be made available on an informational basis only. However, mass-marketed accident, health, or accident and health insurance policies and certificates must receive approval of the director or his designee pursuant to Section 38-71-720 before they can be offered for sale to residents of this State.

Legislative History

HISTORY: Former 1976 Code SECTION 38-35-944 [1962 Code SECTION 37-532.4; 1976 Act No. 732 SECTION 7; 1985 Act No. 131, SECTION 2] recodified as SECTION 38-71-750 by 1987 Act No. 155, SECTION 1; 1993 Act No. 181, SECTION 769, eff July 1, 1995; 2001 Act No. 82, SECTION 25, eff July 20, 2001.