Current through Chapter 176 of the 2024 Legislative Session (excluding Chapters 96 through 142)
Section 415-F:1 - Definitions In this chapter:
I. "Applicant" means: (a) In the case of an individual Medicare supplement policy, the person who seeks to contract for insurance benefits; and(b) In the case of a group Medicare supplement policy, the proposed certificate holder. II. "Certificate" means any certificate advertised, solicited, delivered or issued for delivery in this state under a group Medicare supplement policy.III. "Certificate form" means the form on which the certificate is advertised, solicited, delivered or issued for delivery by the issuer.IV. "Issuer" includes insurance companies, fraternal benefit societies, nonprofit health service corporations, health maintenance organizations, and any other entity advertising, soliciting, delivering or issuing for delivery in this state Medicare supplement policies or certificates.V. "Medicare" means the "Health Insurance for the Aged Act," Title XVIII of the Social Security Amendments of 1965, as then constituted or later amended.VI. "Medicare supplement policy" means a group or individual policy of accident and sickness insurance or a subscriber contract of hospital and medical service corporations, nonprofit health service corporations, or health maintenance organizations 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 1395(a)(1), which is advertised, marketed or designed primarily as a supplement to reimbursements under Medicare or the hospital, medical or surgical expenses of persons eligible for Medicare.VII. "Policy form" means the form on which the policy is delivered or issued for delivery by the issuer.1994, 233:1. 1996, 188:15, 16, eff. Jan. 1, 1997.