Indiana Code 27-1-37.6-9. “Health plan”
(1) A policy of accident and sickness insurance (as defined in IC 27-8-5-1). However, the term does not include the coverages described in IC 27-8-5-2.5(a).
Terms Used In Indiana Code 27-1-37.6-9
- Contract: A legal written agreement that becomes binding when signed.
- Insurance: means a contract of insurance or an agreement by which one (1) party, for a consideration, promises to pay money or its equivalent or to do an act valuable to the insured upon the destruction, loss or injury of something in which the other party has a pecuniary interest, or in consideration of a price paid, adequate to the risk, becomes security to the other against loss by certain specified risks; to grant indemnity or security against loss for a consideration. See Indiana Code 27-1-2-3
- insurer: means a company, firm, partnership, association, order, society or system making any kind or kinds of insurance and shall include associations operating as Lloyds, reciprocal or inter-insurers, or individual underwriters. See Indiana Code 27-1-2-3
(3) A self-insurance program established under IC 5-10-8-7(b) to provide health care coverage.
(b) The term includes the following:
(1) The insurer that issues a policy of accident and sickness insurance described in subsection (a)(1).
(2) The health maintenance organization referred to in subsection (a)(2).
(3) The entity with which the state contracts for the administration of the self-insurance program established under IC 5-10-8-7(b) to provide health care coverage.
(c) The term does not include a Medicaid managed care organization, as defined in IC 12-7-2-126.9.
As added by P.L.203-2023, SEC.19.