31A-8a-103. Scope and purposes.
308 words·~1 min read·
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Effective 5/12/2015
31A-8a-103. Scope and purposes.
(1)A person shall comply with the provisions of this chapter if the person operates a health discount program in this state.
(2)Notwithstanding any provision in this title, a person who only operates or markets a health discount program is exempt from:
(a)Section 31A-4-113 ;
(b)Section 31A-4-113.5 ;
(c)Chapter 6a, Service Contracts ;
(d)Chapter 7, Nonprofit Health Service Insurance Corporations ;
(e)Section 31A-8-209 ;
(f)Section 31A-8-211 ;
(g)Section 31A-8-214 ;
(h)Chapter 9, Insurance Fraternals , Chapter 10, Annuities , Chapter 11, Motor Clubs , and Chapter 12, State Risk Management Fund ;
(i)Chapter 17, Determination of Financial Condition , and Chapter 18, Investments ;
(j)Chapter 19a, Utah Rate Regulation Act ;
(k)Sections 31A-23a-103 and 31A-23a-104 ;
(l)Chapter 25, Third Party Administrators , and Chapter 26, Insurance Adjusters ;
(m)Chapter 28, Guaranty Associations ; and
(n)Chapter 35, Bail Bond Act , Chapter 36, Life Settlements Act , Chapter 37, Captive Insurance Companies Act , and Chapter 38, Federal Health Care Tax Credit Program Act .
(3)A person licensed under this title as an accident and health insurer or health maintenance organization:
(a)is not required to obtain a license as required by Section 31A-8a-201 to operate a health discount program; and
(b)is required to comply with all other provisions of this chapter.
(4)The purposes of this chapter include:
(a)full disclosure in the sale of health discount programs;
(b)reasonable regulation of the marketing and disclosure practices of health discount program operators; and
(c)licensing standards for health discount programs.
(5)Nothing in this chapter prohibits a health discount program operator from marketing a health discount program operator's own services without a health discount program marketer license.
Amended by Chapter 258 , 2015 General Session