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Indiana Statutes, Title 27

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Title 27, INSURANCE

344 chapters · 3,652 sections in this title.

All chapters in Title 273,652 Ch 1, Department Created215 Ch 2, Application of Article; Definitions199 Ch 3, General Powers and Duties of the Dep…199 Ch 4, Prohibited Activities106 Ch 6, Formation of Domestic Companies100 Ch 10, Voluntary Dissolution99 Ch 5, Classification of Insurance97 Ch 9, Merger, Consolidation, and Reinsurance97 Ch 8, Procedures for Amending Articles of …96 Ch 12, Life Insurance Company Powers and Po…92 Ch 7, General Corporate Powers and Respons…84 Ch 36, Risk Based Capital Requirements75 Ch 15, Participating Providers; Contracts a…68 Ch 13, Casualty, Fire, and Marine Insurance…66

11 sections·Filtered byTitle 27✕Ch 2.2✕

Ind. Code § 27-1-2.2-1 "Nonprofit agricultural organization"
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Sec. 1. As used in this chapter, "nonprofit agricultural organization" means an organization: (1) that is exempt from taxation under Section 501(c)(5) of the Internal Revenue Code; (2) that is domiciled in Indiana; (3) that was in existence before 1950; and (4) the members of whi…
Ind. Code § 27-1-2.2-10 Coverage requirements
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Sec. 10. Health coverage provided to an individual under this chapter: (1) must include coverage for: (A) ambulatory patient services; (B) hospitalization; (C) emergency services; and (D) laboratory services; and (2) may not be subject to an annual limit of less than two million …
Ind. Code § 27-1-2.2-11 Severability
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Sec. 11. The provisions of this chapter are severable in the manner provided in IC 1-1-1-8(b). As added by P.L.136-2020, SEC.1.
Ind. Code § 27-1-2.2-2 "Nonprofit agricultural organization coverage"
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Sec. 2. As used in this chapter, "nonprofit agricultural organization coverage" means health benefit coverage that is: (1) sponsored by: (A) a nonprofit agricultural organization; or (B) an affiliate of a nonprofit agricultural organization; (2) offered only to: (A) members of th…

Ind. Code § 27-1-2.2-3 Filing of certification

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Sec. 3. Before an organization may offer health benefit coverage under this chapter, the organization must file with the insurance commissioner a certification that: (1) the organization qualifies as a nonprofit agricultural organization under section 1 of this chapter; and (2) t…

Ind. Code § 27-1-2.2-4 Coverage not considered insurance

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Sec. 4. (a) Nonprofit agricultural organization coverage provided under this chapter: (1) is not insurance; (2) shall not be considered to be insurance under this title or any other provision of Indiana law; and (3) is not subject to the regulatory authority of the department of …

Ind. Code § 27-1-2.2-5 Annual filing

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Sec. 5. A nonprofit agricultural organization offering coverage under this chapter shall annually file with the department of insurance a written, signed opinion of a qualified actuary that the plan reserves of the nonprofit agricultural organization and its affiliate are adequat…

Ind. Code § 27-1-2.2-6 Reinsurance

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Sec. 6. A nonprofit agricultural organization offering coverage under this chapter shall reinsure all or a portion of its risks under this coverage with a company authorized to transact reinsurance business or stop-loss insurance business in Indiana. As added by P.L.136-2020, SEC…

Ind. Code § 27-1-2.2-7 Complaint procedure

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Sec. 7. A nonprofit agricultural organization offering coverage under this chapter shall adopt a complaint procedure that is materially similar to the procedure used by the department of insurance. As added by P.L.136-2020, SEC.1.

Ind. Code § 27-1-2.2-8 Acknowledgment that coverage is not considered insurance

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Sec. 8. (a) When an individual applies for health coverage provided under this chapter, the nonprofit agricultural organization offering the health coverage shall inform the individual that the health coverage: (1) is not considered insurance; and (2) is not subject to the admini…

Ind. Code § 27-1-2.2-9 Membership requirement

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Sec. 9. An individual may not apply for health coverage provided under this chapter until the individual has been a member of the nonprofit agricultural organization offering the health coverage for at least thirty (30) days. As added by P.L.136-2020, SEC.1.