38.2-3600 - Medicare supplement policy; definition. - Virginia Statutes

§ 38.2-3600. Medicare supplement policy; definition.

"Medicare supplement policy" means an individual or group accident andsickness insurance policy or certificate, or a health maintenanceorganization subscription contract or evidence of coverage, issued or issuedfor delivery in this Commonwealth which is (i) designed primarily tosupplement Medicare by providing benefits for payment of hospital, medical orsurgical expenses, or (ii) advertised, marketed or otherwise purported to bea supplement to Medicare.

For group policies, the term does not include a policy or contract of one ormore employers or labor organizations, or of the trustees of a fundestablished by one or more employers or labor organizations, or a combinationof employees and labor organizations, for employees, former employees, or acombination of employees and labor organizations or for members or formermembers, or combination thereof, of the labor organizations.

(1979, c. 726, § 38.1-362.7; 1986, c. 562; 1992, c. 225; 1996, c. 11.)