An Act Regarding Exemptions under the Maine Insurance Code
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 24-A MRSA §704, sub-§1, as amended by PL 2011, c. 192, §1, is further amended to read:
1. Health insurance. For purposes of this Title, except as provided in subsection 2 and subsection 3, "health insurance" means insurance of human beings against bodily injury, disablement or death by accident or accidental means, or the expense thereof, or against disablement or expense resulting from sickness, and every insurance appertaining thereto, including provision for the mental and emotional welfare of human beings by defraying the costs of legal services only to the extent provided for in chapter 38.
Sec. 2. 24-A MRSA §704, sub-§3, as enacted by PL 2011, c. 192, §2, is repealed.
summary
This bill removes the exemption of health care sharing ministries from regulation as insurers under the Maine Insurance Code.