Current through 2024 Legislative Session Act Chapter 531
Section 8701 - DefinitionsAs used in this chapter, unless the context clearly indicates a different meaning, the following words and phrases shall have the meaning ascribed to them in this section:
(1) "Affordable Care Act" means the Patient Protection and Affordable Care Act, 42 U.S.C. § 18001 et seq.(2) "Assessment" means any payment required to be made under § 8703 of this chapter.(3) "Carrier" means any entity that provides health insurance in this State. For the purposes of this chapter, carrier includes an insurance company, health service corporation, health maintenance organization, managed care organization, and any other entity providing a plan of health insurance or health benefits subject to state insurance regulation.(4) "Commissioner" means the Insurance Commissioner of the State of Delaware.(5) "Commission" and "DHCC" mean the Delaware Health Care Commission created pursuant to 16 Del. C. § 9902.(6) "Department" means the Delaware Department of Insurance.(7) "Individual Health Benefit Plan" means any policy offered in the individual market that is subject to the single risk pool requirements of § 1312(c)(1) of the Affordable Care Act.(8) "Program" means the Delaware Health Insurance Individual Market Stabilization Reinsurance Program created by 16 Del. C. § 9903(g).Amended by Laws 2021, ch. 37,s 22, eff. 6/3/2021.Added by Laws 2019, ch. 61,s 2, eff. 6/20/2019.