(a) A group described in section 2(1) of this chapter must meet the following requirements to be eligible to purchase coverage under a group insurance policy:(1) The group consists of at least ten (10) individuals who are members.(2) The group has been in existence for at least two (2) years.(3) The group was formed for a purpose other than the purchase of insurance.(b) A group described in section 2(2) of this chapter may include each of the following as a group member:(1) An employee of a subsidiary or an affiliate of the employer.(2) A retired employee of the employer.(3) An individual business owner or proprietor who is the employer.(4) A partner of a partnership that is the employer.(5) A director or retired director of the employer.(6) A former employee, owner, proprietor, partner, or director who purchased coverage under a group insurance policy before leaving the position.(7) A spouse, child, or household resident of any individual described in subdivisions (1) through (6).(c) A group is not eligible to purchase, and an insurer shall not provide to the group, coverage under a group insurance policy if:(1) the purchase of insurance is a condition of membership in gh (6).(c) A group is not eligible to purchase, and an insurer shall not provide to the group, coverage under a group insurance policy if:(1) the purchase of insurance is a condition of membership in the group; or(2) a group member is penalized by the group as a result of the group member refusing coverage under a group insurance policy.As added by P.L.32-2012, SEC.2.
Indiana Legal Code