Sec. 10.1. (a) The commissioner shall adopt rules under IC 4-22-2 to establish standards for model Medicare supplement policies. The standards must include standards for benefits.

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Terms Used In Indiana Code 27-8-13-10.1

  • certificate: means a certificate:

    Indiana Code 27-8-13-6

  • medicare: means Title XVIII of the federal Social Security Act (Indiana Code 27-8-13-1
  • Medicare supplement policy: means a group or individual policy of accident and sickness insurance or a subscriber contract of health maintenance organizations that 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 benefits. See Indiana Code 27-8-13-3
     (b) An insurer may issue a Medicare supplement policy or certificate in Indiana only if the policy or certificate is one (1) of the model policies adopted by the department under subsection (a).

As added by P.L.195-1991, SEC.2. Amended by P.L.126-1992, SEC.9.

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