(1) A hospital service corporation shall have the right to provide to its subscribers part or all of the following services and benefits only:
(a)  Hospital services furnished to the subscriber by participant hospitals;

Terms Used In Idaho Code 41-3414

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(b)  Indemnity in reasonable amount with respect to hospital services furnished to the subscriber by nonparticipant hospitals, but subject to section 41-3408(3) (qualifications for authority); and
(c)  Indemnity in reasonable amount for other health care services, as defined in section 41-3403(1), but in no event shall such indemnity benefits be provided of a value in excess of seventy-five percent (75%) of the premium charged for hospital service and hospital indemnity benefits.
(2)  This section shall not be deemed to prohibit such a corporation from acting as compensated servicing agent as to health care services to be provided by any public agency, or under agreements between other parties not solicited by such corporation.