Section 27-8-5-17 - Exceptions; discretionary groups; group accident and sickness insurance(a) A group accident and sickness insurance policy shall not be delivered or issued for delivery in Indiana to a group that is not described in section 16(1)(A), 16(2)(A), 16(3)(A), 16(4)(A), 16(5)(A), 16(6)(A), 16(7), or 16(8) of this chapter unless: (1) the group applies to the commissioner for approval as a discretionary group;(2) the commissioner reviews the group according to the same standards as a group described in section 16 of this chapter; and(3) the commissioner finds that:(A) the issuance of the policy is not contrary to the best interest of the public;(B) the issuance of the policy would result in economies of acquisition or administration; and(C) the benefits of the policy are reasonable in relation to the premiums charged.(b) Except as otherwise provided in this chapter, an insurer may exclude or limit the coverage under a policy described in subsection (a) on any person as to whom evidence of individual insurability is not satisfactory to the insurer.Amended by P.L. 11-2011, SEC. 31, eff. 7/1/2011.As added by P.L. 257-1985, SEC.3. Amended by P.L. 268-1987, SEC.2; P.L. 125-1992, SEC.2; P.L. 185-1996, SEC.13; P.L. 218-2007, SEC.47.