Terms Used In 22 Guam Code Ann. § 29101

  • Contract: A legal written agreement that becomes binding when signed.
(a) Applicant means:

(1) In the case of an individual Medicare supplement policy, the person who seeks to contract for insurance benefits, and

(2) In the case of a group Medicare supplement policy, the proposed certificate holder.

(b) Certificate means, for the purposes of this Chapter, any certificate delivered or issued for delivery in Guam under a group Medicare supplement policy.

(c) Certificate Form means, the form on which the certificate is delivered or issued for delivery by the issuer.

(d) Insurer includes insurance companies, fraternal benefit societies, health care service plans, health maintenance organizations, and any other entity delivering or issuing for delivery in Guam Medicare supplement policies or certificates.

(e) Medicare means the AHealth Insurance for the Aged Act,@ Title XVIII of the Social Security Amendments of 1965, as then constituted or later amended.

COL9222017
22 Guam Code Ann. BUSINESS REGULATIONS
CH. 29 MEDICAL CARE INSURANCE

(f) Medicare Supplement Policy means a group of individual policy of accident and sickness insurance or a subscriber contract of hospital and medical service associations or health maintenance organizations, other than a policy issued pursuant to contract under Section 1876 or Section 1833 of the Federal Social Security Act (42 U.S.C. § 1395 et. seq.), or an issued policy under a demonstration project authorized pursuant to amendments to the Federal Social Security Act, which is advertised, marketed or designed primarily as a supplement to reimbursements under Medicare for the hospital, medical or surgical expenses of persons eligible for Medicare.

(g) Policy Form means the form on which the policy is delivered or issued for delivery by the issuer.

SOURCE: GC § 43900; added by P.L. 21-123:1 (July 20, 1992)