North Carolina General Statutes 58-54-5. Applicability and scope
(a) Except as otherwise specifically provided, this Article applies to:
(1) All policies delivered or issued for delivery in this State on or after August 7, 1989; and
Terms Used In North Carolina General Statutes 58-54-5
- Contract: A legal written agreement that becomes binding when signed.
- Medicare: means the "Health Insurance for the Aged Act" Title XVIII of the Social Security Amendments of 1965, as then constituted or later amended. See North Carolina General Statutes 58-54-1
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
(2) All certificates issued under group policies that have been delivered or issued for delivery in this State on or after August 7, 1989.
(b) This Article does not apply to an insurance contract of one or more employers or labor organizations, or of the trustees of a fund established by one or more employers or labor organizations, or combination thereof, for employees or former employees or a combination thereof, or for members or former members, or a combination thereof, of the labor organizations.
(c) This Article does not prohibit or apply to insurance contracts or health care benefit plans, including group conversion policies, that are provided to Medicare eligible persons and that are not marketed or held out to be Medicare supplement policies or benefit plans. (1989, c. 729, s. 1.)