1. (a) As used in this chapter, "health insurance coverage" means:

   1. (1) an individual or group policy of accident and sickness insurance (as defined in IC 27-8-5-1 );
   2. (2) an individual contract (as defined in IC 27-13-1-21 ) or 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. (3) any other health plan that is issued on an individual or group basis;

      that is subject to state law and rules regulating insurance or subject to the jurisdiction of the department. The term includes coverage of a dependent of the covered individual under a policy or contract described in subdivisions (1) through (3).

2. (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.237-2025, SEC.10.