SB 132 w/ SA 1 — Session Law

… MENDED BY SENATE AMENDMENT NO. 1 AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO THE LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE: Section 1. Amend § 44 …

… ified in § 4403(a) of this title against failure in the performance of contractual obligations, under life and health insurance policies life, health, and annuity policies, plans, or contracts specified in § 4403(b) of this title, because of th …

… ies, assignees assignees, or payees payees, including health care providers rendering services covered under health insurance policies or certificates, of the persons covered under paragraph (a)(2) of this section; (2) To persons who are own …

… e to the persons specified in subsection (a) of this section for policies or contracts of direct, nongroup life, life insurance; health insurance, which for the purposes of this chapter includes managed care organization and health maintenance o …

… pecified in subsection (a) of this section for policies or contracts of direct, nongroup life, life insurance; health insurance, which for the purposes of this chapter includes managed care organization and health maintenance organization subscr …

… tion 3(40) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. § 1002(40)); 2. A minimum premium group insurance plan; 3. A stop-loss group insurance plan; or 4. An administrative services only contract; Page 3 of 22 j. An …

… ncome Security Act of 1974 (29 U.S.C. § 1002(40)); 2. A minimum premium group insurance plan; 3. A stop-loss group insurance plan; or 4. An administrative services only contract; Page 3 of 22 j. An obligation that does not arise under t …

… f impairment or insolvency, whichever is earlier, and will not be subject to forfeiture. m. Any employer owned life insurance policy, as defined in § 2704(e) of this title. n. A policy or contract providing any hospital, medical, prescription …