Sec. 3. As used in this chapter, "insurer" means an insurance company issued a certificate of authority in Indiana to issue accident and sickness insurance policies. The term includes:
(1) a preferred provider plan (as defined in IC 27-8-11-1); and (2) an insurance administrator that: (A) collects charges or premiums; and (B) adjusts or settles claims; in connection with coverage under an accident and sickness insurance policy. As added by P.L.162-2001, SEC.5.