§ 15-1101. Catastrophic health insurance policies [Section subject to repeal]

Latest version.

   (a) Required. -- Each nonprofit health service plan that issues or delivers a hospital insurance policy in the State shall offer a catastrophic health insurance policy.

(b) Kind and amount of coverage. -- The catastrophic health insurance policy shall provide full coverage for the reasonable cost of necessary health care incurred by the insured up to $ 1,000,000.

(c) Deductible. --

   (1) The catastrophic health insurance policy may provide for a deductible for each benefit period.

   (2) The deductible may be satisfied by the insured's basic health insurance coverage or major medical health insurance coverage.

HISTORY: An. Code 1957, art. 48A, § 361C; 1997, ch. 35, § 2.

                    
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