Any group health policy may provide that all or any portion of any indemnities provided by any such policy on account of hospital, nursing, medical or surgical services may, at the insurer’s option, be paid directly to the hospital or person rendering such services; but the policy may not require that the service be rendered by a particular hospital or person. Payments so made shall discharge the insurer’s obligation with respect to the amount of insurance so paid.
Effective: June 18, 1970
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Terms Used In Kentucky Statutes 304.18-040

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.

History: Created 1970 Ky. Acts ch. 301, subtit. 18, sec. 4, effective June 18, 1970.

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