Indiana Code 27-8-24.1-6. Dollar limits, out-of-pocket expenses
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Sec. 6. The coverage that must be provided under this chapter shall not be subject to dollar limits, coinsurance, or deductibles that are less favorable to a covered individual than the dollar limits, coinsurance, or deductibles that apply to coverage for:
(2) physical illness generally under the accident and sickness insurance policy, if prescription drugs are not covered under the accident and sickness insurance policy.
(1) prescription drugs generally under the accident and sickness insurance policy, if prescription drugs are covered under the accident and sickness insurance policy; or
Terms Used In Indiana Code 27-8-24.1-6
- accident and sickness insurance policy: means an insurance policy that provides at least one (1) of the types of insurance described in IC 27-1-5-1, Classes 1(b) and 2(a), and is issued on a group basis. See Indiana Code 27-8-24.1-1
- covered individual: means an individual who is entitled to coverage under an accident and sickness insurance policy. See Indiana Code 27-8-24.1-2
As added by P.L.166-2003, SEC.2.