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304.17A-750 Definitions for KRS 304.17A-750 to 304.17A-770 and 304.47-020.
As used in KRS 304.17A-750 to 304.17A-770 and 304.47-020, unless the context <br>requires otherwise: <br>(1) "Eligible employee" means any full time or part time employee who is actively
engaged in the conduct of business of the employer, who has satisfied any employer <br>waiting period requirements, and who has been given a voucher by the employer to <br>purchase a health benefit plan;
(2) "Eligible person" means an employer, eligible employee, self-employed person,
unemployed person, or retiree who is not eligible for Medicare;
(3) "Employer" means any corporation, partnership, sole proprietorship, or other
business entity doing business in Kentucky that provides a voucher for a health <br>benefit plan to its eligible employees to purchase a health benefit plan;
(4) "Insurance purchasing outlet" means a business entity licensed as an administrator
in accordance with Subtitle 9 of Chapter 304, which collects premiums and <br>vouchers from or on behalf of health purchasing outlet members, and which is <br>issued a certificate of registration in accordance with KRS 304.17A-750 to <br>304.17A-770 and 304.47-020;
(5) "Insurance purchasing outlet member" means an eligible person, including a
dependent of an eligible person, who is enrolled in a health benefit plan offered <br>through an insurance purchasing outlet by a participating insurer;
(6) "Participating insurer" means an authorized insurer that contracts with an insurance
purchasing outlet to provide coverage to insurance purchasing outlet members <br>under a health benefit plan; and
(7) "Voucher" means an instrument that is issued to an eligible employee by an
employer to purchase a health benefit plan.
Effective: July 15, 2002 <br>History: Created 2002 Ky. Acts ch. 207, sec. 1, effective July 15, 2002.
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