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Kentucky Revised Statutes Title XXV. Business and Financial Institutions § 304.18-124.“Group policy” defined

Current as of January 01, 2025 | Updated by Findlaw Staff

As used in KRS 304.18-124 to 304.18-127, “group policy” means group health insurance policies as defined in KRS 304.18-020 and blanket health insurance policies which the commissioner, in his or her discretion, designates as subject to KRS 304.18-124 to 304.18-127, which:

(1) Affect the rights of a Kentucky insured and bear a reasonable relation to Kentucky, regardless of whether delivered or issued for delivery in Kentucky;

(2) Provide hospital or surgical expenses benefits or indemnities, other than for a specific disease or accidental injury only, or benefits for loss of time from employment; and

(3) Are delivered, issued for delivery, or renewed after July 13, 1990.

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Cite this article: FindLaw.com - Kentucky Revised Statutes Title XXV. Business and Financial Institutions § 304.18-124.“Group policy” defined - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xxv-business-and-financial-institutions/ky-rev-st-sect-304-18-124/

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