Ind. Code ch. 27-1-2.2

Ind. Code ch. 27-1-2.2
in effect

Ind. Code § 27-1-2.2-1 "Nonprofit agricultural organization"

Sec. 1. As used in this chapter, "nonprofit agricultural organization" means an organization: (1) that is exempt from taxation under Section 501(c)(5) of the Internal Revenue Code; (2) that is domiciled in Indiana; (3) that was in existence before 1950; and (4) the members of which include residents of every county in Indiana. As added by P.L.136-2020, SEC.1.

Ind. Code § 27-1-2.2-2 "Nonprofit agricultural organization coverage"

Sec. 2. As used in this chapter, "nonprofit agricultural organization coverage" means health benefit coverage that is: (1) sponsored by: (A) a nonprofit agricultural organization; or (B) an affiliate of a nonprofit agricultural organization; (2) offered only to: (A) members of the nonprofit agricultural organization; and (B) families of the members of the nonprofit agricultural organization; (3) deemed by the nonprofit agricultural organization to be important in assisting its members to live long and productive lives; and (4) offered to members of the nonprofit agricultural organization in every county in Indiana. As added by P.L.136-2020, SEC.1.

Ind. Code § 27-1-2.2-3 Filing of certification

Sec. 3. Before an organization may offer health benefit coverage under this chapter, the organization must file with the insurance commissioner a certification that: (1) the organization qualifies as a nonprofit agricultural organization under section 1 of this chapter; and (2) the health benefit coverage that the organization will offer qualifies as nonprofit agricultural organization coverage under section 2 of this chapter. As added by P.L.136-2020, SEC.1.

Ind. Code § 27-1-2.2-4 Coverage not considered insurance

Sec. 4. (a) Nonprofit agricultural organization coverage provided under this chapter: (1) is not insurance; (2) shall not be considered to be insurance under this title or any other provision of Indiana law; and (3) is not subject to the regulatory authority of the department of insurance under this title or any other provision of Indiana law. (b) Entering into a contract between a nonprofit agricultural organization and an individual for health coverage under this chapter does not constitute the business of insurance. (c) A nonprofit agricultural organization providing coverage under this chapter is not required to obtain a certificate of authority under IC 27-1-3-20. As added by P.L.136-2020, SEC.1.

Ind. Code § 27-1-2.2-5 Annual filing

Sec. 5. A nonprofit agricultural organization offering coverage under this chapter shall annually file with the department of insurance a written, signed opinion of a qualified actuary that the plan reserves of the nonprofit agricultural organization and its affiliate are adequate and conform to the appropriate actuarial standards of practice. As added by P.L.136-2020, SEC.1.

Ind. Code § 27-1-2.2-6 Reinsurance

Sec. 6. A nonprofit agricultural organization offering coverage under this chapter shall reinsure all or a portion of its risks under this coverage with a company authorized to transact reinsurance business or stop-loss insurance business in Indiana. As added by P.L.136-2020, SEC.1.

Ind. Code § 27-1-2.2-7 Complaint procedure

Sec. 7. A nonprofit agricultural organization offering coverage under this chapter shall adopt a complaint procedure that is materially similar to the procedure used by the department of insurance. As added by P.L.136-2020, SEC.1.

Ind. Code § 27-1-2.2-8 Acknowledgment that coverage is not considered insurance

Sec. 8. (a) When an individual applies for health coverage provided under this chapter, the nonprofit agricultural organization offering the health coverage shall inform the individual that the health coverage: (1) is not considered insurance; and (2) is not subject to the administrative rules of the department of insurance. (b) An individual entering into a contract for health coverage under this chapter must acknowledge that the coverage: (1) is not considered insurance; and (2) is not subject to the administrative rules of the department of insurance. (c) The acknowledgment required by subsection (b) must be in a writing signed by the individual. The nonprofit agricultural organization shall: (1) keep a copy of the written acknowledgment for the entire duration of the contract under which the individual is provided coverage under this chapter; and (2) provide a copy of the acknowledgment to the individual at the individual's request. As added by P.L.136-2020, SEC.1.

Ind. Code § 27-1-2.2-9 Membership requirement

Sec. 9. An individual may not apply for health coverage provided under this chapter until the individual has been a member of the nonprofit agricultural organization offering the health coverage for at least thirty (30) days. As added by P.L.136-2020, SEC.1.

Ind. Code § 27-1-2.2-10 Coverage requirements

Sec. 10. Health coverage provided to an individual under this chapter: (1) must include coverage for: (A) ambulatory patient services; (B) hospitalization; (C) emergency services; and (D) laboratory services; and (2) may not be subject to an annual limit of less than two million dollars ($2,000,000) per year. As added by P.L.136-2020, SEC.1.

Ind. Code § 27-1-2.2-11 Severability

Sec. 11. The provisions of this chapter are severable in the manner provided in IC 1-1-1-8(b). As added by P.L.136-2020, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/27Fetched: 10/17/2026

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