Section 27-1-50-3 - "Health insurance coverage"(a) As used in this chapter, "health insurance coverage" includes: (1) a group policy of accident and sickness insurance (as defined in IC 27-8-5-1);(2) a group contract (as defined in IC 27-13-1-16) that provides coverage for basic health care services (as defined in IC 27-13-1-4); and(3) any other group health plan that limits eligibility to members of a specific group; that is subject to state law regulating insurance and offers health insurance coverage (as defined in 42 U.S.C. 300gg-91). The term includes coverage of a dependent of the covered individual under a group policy or contract described in subdivisions (1) through (3).
(b) The term does not include a self-funded health benefit plan that complies with the federal Employee Retirement Income Security Act (ERISA) of 1974 (29 U.S.C. 1001 et seq.).Amended by P.L. 9-2024,SEC. 482, eff. 7/1/2024.Added by P.L. 166-2023,SEC. 3, eff. 7/1/2023.