§ 83-61-1. Short title
This chapter shall be known and may be cited as the “Voluntary Basic Health Insurance Coverage Law.”
§ 83-61-11. Exemption from mandated benefits and premium tax
Contracts of insurance coverage offered by approved carriers that are approved by the Commissioner of Insurance shall be exempt from all state mandated benefits and from the premium tax required in Sections 27-15-103 and 27-15-109.
§ 83-61-13. Written disclosure by the carrier; written statement by eligible individual; services and costs information
Upon offering coverage under a minimum benefits or basic coverage contract issued in accordance with this chapter, the approved carrier shall provide the eligible individual with a written disclosure containing at least the following: An explanation that this is a minimum benefits or basic insurance coverage contract and that benefits otherwise mandated by state law […]
§ 83-61-15. Advisory committee; membership
The Commissioner of Insurance may appoint an advisory committee, engage consultants or participate in grant programs to study and recommend the details of the program. The advisory committee shall be composed of the following: one (1) physician, one (1) hospital representative, one (1) small business representative, one (1) domestic insurer, one (1) member of the […]
§ 83-61-17. Filing of rates
The Commissioner of Insurance may require carriers to file rates for informational purposes. Nothing in this chapter shall be construed to require the commissioner’s approval before using such rates.
§ 83-61-19. Minimum loss ratio
The Commissioner of Insurance may require a minimum loss ratio that carriers must meet in order to participate in the program.
§ 83-61-3. Definitions
As used in this chapter the following words and phrases shall have the meanings ascribed herein unless the context clearly requires otherwise: “Carrier” means any insurance company, health maintenance association or hospital, medical or surgical services association that is authorized by the State of Mississippi to write accident and health insurance policies and contracts. “Program” […]
§ 83-61-5. Promulgation of rules and regulations
The Commissioner of Insurance is directed to promulgate rules and regulations to establish procedures for implementation of the provisions of this chapter and penalties for noncompliance.
§ 83-61-7. Eligibility
To be eligible for insurance coverage under the program, an individual shall provide evidence to the approved carrier that he or she: Is under sixty-five (65) years of age; Is acceptable to the approved carrier; and Has been without private health insurance coverage for the twelve (12) months immediately preceding application to the program, or […]
§ 83-61-9. Participation voluntary
Participation by carriers and providers in policy authorization by this chapter shall be voluntary.