This chapter shall apply to the following entities:
(a) Insurance companies and health plans, nonprofit organizations that render health services to individuals or groups, under medical insurance policies issued or underwritten in Puerto Rico, or
(b) to health maintenance organizations (HMO), as defined in subsection (x) of § 334 of Title 24, that provide hospital, medical or surgical benefits to individuals or groups under contracts signed or executed in Puerto Rico.
History —Sept. 6, 2000, No. 383, § 2.