Definitions for group health conversion policy requirements.

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Effective - 01 Jan 1983

376.395. Definitions for group health conversion policy requirements. — As used in sections 376.395 to 376.404 the following terms shall mean:

(1) "Group policy", a group health insurance policy issued by an insurance company and a group contract issued by a health service corporation, a health maintenance organization or a similar corporation or organization;

(2) "Group policyholder", the entity purchasing the group policy from the insurer;

(3) "Individual policy" or "converted policy", an individual health insurance policy issued by an insurance company or an individual health services contract issued by a health service corporation, a health maintenance organization or a similar corporation or organization;

(4) "Insurer", the entity issuing a group policy or an individual or converted policy;

(5) "Medicare", Title XVIII of the United States Social Security Act as added by the Social Security Amendments of 1965 or as later amended or superseded;

(6) "Premium", any premium or other consideration payable for coverage under a group or individual policy.

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(L. 1981 S.B. 58 § 1)

Effective 1-01-83


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