Compilation of Rules and Regulations of the State of Georgia
Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER
Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE
Subject 120-2-96 - GEORGIA AFFORDABLE HSA ELIGIBLE HIGH DEDUCTIBLE HEALTH PLAN
Rule 120-2-96-.04 - Categories of Products Not Qualified for Favorable Treatment in Wellness Program
Current through Rules and Regulations filed through September 23, 2024
Examples of plans that will not be allowable or approved under O.C.G.A. Section 33-51-2 would include, but not be limited to:
(1) limited benefit insurance products, as defined in O.C.G.A. Section 33-30-12, where the term "limited benefit insurance" means accident and sickness insurance designed, advertised, and marketed to supplement major medical insurance. The term "limited benefit insurance" includes accident only, CHAMPUS supplement, dental, disability income, fixed indemnity, long term care, Medicare supplement, specified disease, vision, and any other accident and sickness insurance other than basic hospital expense, basic medical-surgical expense, or major medical insurance.
(2) limited duration health insurance products of terms of less than 12 months, regardless of the scope or limitations of benefits within the health insurance coverage.
O.C.G.A. Secs. 33-2-9, 33-51-3.
