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§ 27-1-2-2-8 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 27 - Insurance/
  5. Article 1 - Department of Insurance/
  6. Chapter 2.2 - Nonprofit Agricultural Organization Coverage27-1-2.2-1. "Nonprofit Agricultural Organization"/
  7. § 27-1-2-2-8
Indiana Legal Code

§ 27-1-2-2-8

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(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 administrative rules of the department of insurance.(b) An individual entering into a contract for health coverage under this chapter must acknowledge that the coverage:(1) is not considered insurance; and(2) is not subject to the administrative rules of the department of insurance.(c) The acknowledgment required by subsection (b) must be in a writing signed by the individual. The nonprofit agricultural organization shall:(1) keep a copy of the written acknowledgment for the entire duration of the contract under which the individual is provided coverage under this chapter; and(2) provide a copy of the acknowledgment to the individual at the individual's request.As added by P.L.136-2020, SEC.1.