As used in this chapter, "insurer" means an insurer subject to state law and rules regulating insurance or subject to the jurisdiction of the department that contracts, or offers to contract, to:

1. (1) provide;
2. (2) deliver;
3. (3) arrange for;
4. (4) pay for; or

5. (5) reimburse;

   any of the costs of health care services to a covered individual under a health plan.

As added by P.L.237-2025, SEC.4.