Indiana Code 27-8-5.9-7. Disclosures
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Sec. 7. (a) An insurer that issues a short term insurance plan shall disclose to an applicant, in bold, 10 point type, the following:
(2) That the short term insurance plan does not provide the coverage that is required under PPACA.
(1) That the short term insurance plan does not include coverage for the ten (10) essential health benefits required under PPACA.
Terms Used In Indiana Code 27-8-5.9-7
- PPACA: has the meaning set forth in IC 27-19-2-14. See Indiana Code 27-8-5.9-2
- short term insurance plan: means a policy of accident and sickness insurance (as defined in IC 27-8-5-1) that:
Indiana Code 27-8-5.9-3
(3) That enrollment in health coverage that provides the coverage that is required under PPACA may be done during the next PPACA open enrollment period.
(4) The dates of the next PPACA open enrollment period during which the applicant may enroll in coverage described in subdivision (3).
(b) An insurer shall obtain the signature of an applicant to whom the disclosures required by subsection (a) are made.
As added by P.L.288-2019, SEC.7.