§ 56-7-1501 — Definitions

As used in this part, unless the context otherwise requires: (1) "Applicant" means: (A) In the case of an individual medicare supplement policy, the person who seeks to contract for insurance benefits; and (B) In the case of a group medicare supplement policy, the proposed certificate holder; (2) "Certificate" means, any certificate delivered or issued for delivery in this state under a group medicare supplement policy; (3) "Certificate form" means the form on which the certificate is delivered or issued for delivery by the issuer; (4) "Issuer" includes insurance companies, fraternal benefit societies, health care service plans, health maintenance organizations, and any other entity delivering or issuing for delivery in this state medicare supplement policies or certificates; (5) "Medicare" means the Health Insurance for the Aged Act, Title XVIII of the Social Security Amendments of 1965; (6) "Medicare supplement policy" means a group or individual policy of accident and sickness insurance or a subscriber contract of hospital and medical service associations or health maintenance organizations other than a policy issued pursuant to a contract under § 1876 [repealed] of the Social Security Act ( 42 U.S.C. § 1395 et seq.), or an issued policy under a demonstration project specified in 42 U.S.C. § 1395ss(g)(1) that is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; and (7) "Policy form" means the form on which the policy is delivered or issued for delivery by the issuer.

Legislative History

Acts 1992, ch. 735, § 1; 1996, ch. 750, §§ 16, 17.