Section 27-8-27-4 - "Health insurance plan"(a) For purposes of this chapter, "health insurance plan" means any: (1) hospital or medical expense incurred policy or certificate;(2) hospital or medical service plan contract; or(3) health maintenance organization subscriber contract; provided to an insured.
(b) The term does not include the following: (1) Accident-only, credit, dental, Medicare supplement, long term care, or disability income insurance.(2) Coverage issued as a supplement to liability insurance.(3) Worker's compensation or similar insurance.(4) Automobile medical payment insurance.(5) A specified disease policy issued as an individual policy.(6) A limited benefit health insurance plan issued as an individual policy.(7) A short term insurance plan that:(A) may be renewed for the greater of:(i) thirty-six (36) months; or(ii) the maximum period permitted under federal law;(B) has a term of not more than three hundred sixty-four (364) days; and(C) has an annual limit of at least two million dollars ($2,000,000).(8) A policy that provides a stipulated daily, weekly, or monthly payment to an insured during hospital confinement, without regard to the actual expense of the confinement.Amended by P.L. 288-2019,SEC. 20, eff. 7/1/2019.As added by P.L. 121-1999, SEC.13.