There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 6 THE GENERAL ASSEMBLY
6.237 Group life and group hospitalization insurance for members of General Assembly.
Download pdfor more life insurance companies, and from one (1) or more hospitalization
insurance companies, authorized to do business in this state, a policy or policies of
group life insurance insuring the lives of all members of the General Assembly and
shall procure a policy or policies of group hospitalization insurance covering all
members of the General Assembly. The policy or policies shall be approved by the
commissioner of the Department of Insurance and may contain such provisions as
he approves whether or not otherwise permitted by the insurance laws. (2) (a) The premiums shall be paid by the state for individual policies for members of the General Assembly. The premiums for family policies shall be paid by
funds contributed partly from the policyholder and partly from the state. (b) No payment of premium by the state shall constitute compensation to an insured employee for the purposes of any statute fixing or limiting the
compensation of such an employee; any premium or other expense incurred by
the state shall be considered a proper cost of administration. (3) The policy or policies may also provide accidental death and dismemberment insurance and may contain such provisions with respect to the amounts of insurance
for members of the General Assembly, terms of eligibility, continuation of
insurance after retirement, and such other provisions as the commissioner of the
Department of Insurance may approve. (4) The secretary of the Finance and Administration Cabinet is authorized to perform all acts necessary or advisable for the purpose of contracting for and maintaining
insurance under the provisions of this section. Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 2, effective July 15, 2010. -- Created 1976 Ky. Acts ch. 112, sec. 1.
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