"Medicare supplement policy"

Sec. 3. (a) As used in this chapter, "Medicare supplement policy" means a group or individual policy of accident and sickness insurance or a subscriber contract of health maintenance organizations that is advertised, marketed, or designed primarily as a supplement to reimbursements under Medicare for the hospital, medical, or surgical expenses of persons eligible for Medicare benefits. (b) The term does not include a group policy issued: (1) to or for the benefit of employees; (2) to one (1) or more labor organizations; or (3) to the trustees of a fund established: (A) by one (1) or more employees or former employees; or (B) for members or former members of a labor organization. (c) The term does not include: (1) a policy issued under a contract under Section 1876 or 1833 of the federal Social Security Act (42 U.S.C. 1395 et seq.); or (2) a policy issued under a demonstration project authorized under amendments to the federal Social Security Act (42 U.S.C. Chapter 7).