"Record Keeping Services"

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Sec. 10. As used in this chapter, "record keeping services" means an insurer's responsibility, under an agreement with a group policy owner, to obtain, maintain, and administer in the insurer's system information concerning each individual insured under a group policy (or a line of coverage under a group policy), including at least the following:

(1) The individual's Social Security number and date of birth or name and date of birth.

(2) The individual's beneficiary designation information.

(3) The individual's eligibility for coverage.

(4) The individual's benefit amount.

(5) The individual's premium payment status.

As added by P.L.90-2014, SEC.1.


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