A direct medical care agreement is not insurance and is not subject to regulation by the department of commerce and insurance.
Entering into a direct medical care agreement is not the business of insurance and is not subject to regulation under title 56.
A direct medical care provider, or the agent of a direct medical care provider, is not required to obtain a certification of authority or license under the Tennessee Insurance Producer Licensing Act of 2002, compiled in title 56, chapter 6, to market, sell, or offer to sell a direct medical care agreement.
A direct medical care agreement is not a discount medical plan.
A direct medical care agreement must:
Allow either party to terminate the agreement upon written notice to the other party;
Provide that fees are not earned by the direct medical care provider until the month paid by the periodic fee has been completed; and
Provide that, upon termination of this agreement by the individual patient, all unearned fees are to be returned to the patient.
