Title 27, INSURANCE

Sec. 5. As used in this chapter, "member" means an independent postsecondary educational institution that enters into an agreement under section 7 of this chapter to form a consortium. As added by P.L.38-2006, SEC.1. Amended by P.L.2-2007, SEC.353.

Sec. 6. As used in this chapter, "self-insurance fund" means a fund established by a consortium to provide money sufficient to: (1) cover self-insured risk retained by the consortium; (2) pay premiums for stop-loss insurance coverage; and (3) pay the administrative and other cost…

Sec. 7. (a) Notwithstanding any other law, two (2) or more independent postsecondary educational institutions may establish a trust under Indiana law to establish and maintain a self-insurance consortium through which the independent educational institutions jointly maintain a se…

Sec. 8. A consortium shall be governed by a governing authority comprised entirely of representatives of the consortium's members. As added by P.L.38-2006, SEC.1.

Sec. 9. A trust created under section 7 of this chapter is subject to regulation by the department as follows: (1) The trust must be registered with the department. (2) The trust shall: (A) retain a total risk for the self-insurance fund of not more than one hundred twenty-five p…

Sec. 1. As used in this chapter, "policy of accident and sickness insurance" has the meaning set forth in IC 27-8-5-1. The term does not include a policy, plan, or coverage set forth in IC 27-8-5-2.5(a). As added by P.L.190-2023, SEC.31.

Sec. 2. As used in this chapter, "wearable cardioverter defibrillator" means a device that: (1) is worn externally on an individual's body; (2) continually monitors and analyzes the individual's heart rhythm; and (3) delivers a shock to the heart when an abnormal heart rhythm is …

Sec. 3. (a) A policy of accident and sickness insurance must provide coverage for wearable cardioverter defibrillators, including the cost of the wearable cardioverter defibrillator, any necessary accessory, and ongoing monitoring services. (b) The coverage required under subsect…

Sec. 4. The coverage required by this chapter may not be subject to an annual or lifetime limitation. As added by P.L.190-2023, SEC.31.

Sec. 1. (a) A health maintenance organization shall develop and implement a procedure to evaluate whether to provide coverage for new medical technologies and new applications of existing medical technologies, including medical treatments, procedures, drugs, and devices. (b) A he…

Sec. 2. (a) A health maintenance organization that limits coverage for experimental treatments, procedures, drugs, or devices must clearly state the limitations in any contract, policy, agreement, or certificate of coverage. (b) The disclosure required under subsection (a) must i…

Sec. 3. (a) If a health maintenance organization denies coverage for a treatment, procedure, drug, or device on the grounds that the treatment, procedure, drug, or device is experimental, the health maintenance organization shall provide the enrollee with a written explanation th…