INSURANCE
CHAPTER 34
HOSPITAL AND PROFESSIONAL SERVICE CORPORATIONS
41-3414. Services and benefits which may be provided — Hospital service corporations. (1) A hospital service corporation shall have the right to provide to its subscribers part or all of the following services and benefits only:
(a) Hospital services furnished to the subscriber by participant hospitals;
(b) Indemnity in reasonable amount with respect to hospital services furnished to the subscriber by nonparticipant hospitals, but subject to section 41-3408(3) (qualifications for authority); and
(c) Indemnity in reasonable amount for other health care services, as defined in section 41-3403(1), but in no event shall such indemnity benefits be provided of a value in excess of seventy-five percent (75%) of the premium charged for hospital service and hospital indemnity benefits.
(2) This section shall not be deemed to prohibit such a corporation from acting as compensated servicing agent as to health care services to be provided by any public agency, or under agreements between other parties not solicited by such corporation.
History:
[41-3414, added 1961, ch. 330, sec. 772, p. 645.]