New Jersey Statutes 17:35C-1. Definitions
Terms Used In New Jersey Statutes 17:35C-1
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
a. “Applicant” means:
(1) In the case of an individual medicare supplement subscriber contract, the person who seeks to contract for service corporation benefits, and
(2) In the case of a group medicare supplement subscriber contract, the person eligible for service corporation benefit coverage.
b. “Certificate” means any certificate issued under an individual or group medicare supplement contract, which certificate has been delivered or issued for delivery in this State.
c. “Commissioner” means the Commissioner of Insurance.
d. “Medicare” means the program established by the “Health Insurance for the Aged Act,” Title XVIII of the “Social Security Act,” Pub.L.89-97, as then constituted or later amended (42 U.S.C. § 1395 et seq.).
e. “Medicare supplement contract” means a group or individual subscriber contract or certificate which is advertised, marketed, designed primarily as, or is otherwise held out to be, a supplement to reimbursements under medicare for the hospital, medical or surgical expenses of persons eligible for medicare, other than a contract issued pursuant to a contract under 42 U.S.C. § 1395l or 42 U.S.C. § 1395mm or a contract issued under a demonstration project authorized pursuant to the “Health Insurance for the Aged Act,” 42 U.S.C. § 1395 et seq. The term does not include a contract issued to one or more employers or labor organizations, or to the trustees of a fund established by one or more employers or labor organizations, or combination thereof, for employees or former employees or combination thereof or for members or former members, or combination thereof, of the labor organizations.
f. “Service corporation” means any medical service corporation operating pursuant to the provisions of P.L.1940, c.74 (C. 17:48A-1 et seq.), any hospital service corporation operating pursuant to the provisions of P.L.1938, c.366 (C. 17:48-1 et al.), any health service corporation operating pursuant to the provisions of P.L.1985, c.236 (C. 17:48E-1 et al.), or any similar organization which is authorized by law to provide health care services and supplies.
g. “Service corporation contract” means any group or individual subscriber contract issued by a service corporation.
L.1982, c.95, s.1; amended 1992,c.144,s.2.