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IC 27-1-50-3 — "Health insurance coverage"

Chapter 50. Group Prescription Drug Rebates

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Sec. 3. (a) As used in this chapter, "health insurance coverage" includes: (1) a group policy of accident and sickness insurance (as defined in IC 27-8-5-1); (2) a group contract (as defined in IC 27-13-1-16) that provides coverage for basic health care services (as defined in IC 27-13-1-4); and (3) any other group health plan that limits eligibility to members of a specific group; that is subject to state law regulating insurance and offers health insurance coverage (as defined in 42 U.S.C. 300gg-91). The term includes coverage of a dependent of the covered individual under a group policy or contract described in subdivisions (1) through (3). (b) The term does not include a self-funded health benefit plan that complies with the federal Employee Retirement Income Security Act (ERISA) of 1974 (29 U.S.C. 1001 et seq.).

As added by P.L.166-2023, SEC.3. Amended by P.L.9-2024, SEC.482.

Source: official publisher (2026 edition)

Sections IC 27-1-50-3 cites