1. (a) "Discount medical card program organization" means a person that:

   1. (1) negotiates and enters into provider agreements;
   2. (2) in exchange for consideration, provides cardholders with a right of access to the discounted prices available under the provider agreements entered into under subdivision (1); and
   3. (3) determines the charge to cardholders for the discount prices.

2. (b) The term does not include the following:

   1. (1) An insurance company, or an affiliate (as defined in IC 27-1-12-2 ) of an insurance company, that is regulated under this title.
   2. (2) A health maintenance organization, or an affiliate (as defined in IC 27-1-12-2 ) of a health maintenance organization, that is regulated under this title.
   3. (3) A limited service health maintenance organization, or an affiliate (as defined in IC 27-1-12-2 ) of a limited service health maintenance organization, that is regulated under this title.

As added by P.L.73-2006, SEC.3.