3 Colo. Code Regs. § 702-4-3-3-4

Current through Vol. 44, No. 16, August 25, 2021
Section 3 CCR 702-4-3-3-4 - Definitions
A. "Insurer" means, for the purposes of the regulation, insurance companies, fraternal benefit societies, health care service plans, health maintenance organizations, or any other entity delivering or issuing for delivery Medicare supplement policies in the state of Colorado.
B. "Medicare supplement policy" means, for the purposes of this regulation, an individual policy of sickness and accident insurance or a subscriber contract of a hospital and medical service association or a health maintenance organization, other than a policy issued pursuant to a contract under Section 1876 of the federal Social Security Act ( 42 U.S.C. Section 1395 et seq.), or an issued policy under a demonstration project, specified in 42 U.S.C. Section 1395ss(g)(1), which 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. "Medicare supplement policy" does not include Medicare Advantage plans established under Medicare Part C, outpatient prescription drug plans established under Medicare Part D, or any Health Care Prepayment Plan (HCPP) that provides benefits pursuant to an agreement under Section 1833(a)(1)(A) of the Social Security Act.

3 CCR 702-4-3-3-4

43 CR 01, January 10, 2020, effective 2/1/2020