Scope and purposes

(1) A person shall comply with the provisions of this chapter if the person operates a health discount program in this state. (2) Notwithstanding any provision in this title, a person who only operates or markets a health discount program is exempt from: (a) Section 31A-4-113; (b) Section 31A-4-113.5; (c) Chapter 6a, Service Contracts; (d) Chapter 7, Nonprofit Health Service Insurance Corporations; (e) Section 31A-8-209; (f) Section 31A-8-211; (g) Section 31A-8-214; (h) Chapter 9, Insurance Fraternals, Chapter 10, Annuities, Chapter 11, Motor Clubs, and Chapter 12, State Risk Management Fund; (i) Chapter 17, Determination of Financial Condition, and Chapter 18, Investments; (j) Chapter 19a, Utah Rate Regulation Act; (k) Sections 31A-23a-103 and 31A-23a-104; (l) Chapter 25, Third Party Administrators, and Chapter 26, Insurance Adjusters; (m) Chapter 28, Guaranty Associations; and (n) Chapter 35, Bail Bond Act, Chapter 36, Life Settlements Act, Chapter 37, Captive Insurance Companies Act, and Chapter 38, Federal Health Care Tax Credit Program Act. (3) A person licensed under this title as an accident and health insurer or health maintenance organization: (a) is not required to obtain a license as required by Section 31A-8a-201 to operate a health discount program; and (b) is required to comply with all other provisions of this chapter. (4) The purposes of this chapter include: (a) full disclosure in the sale of health discount programs; (b) reasonable regulation of the marketing and disclosure practices of health discount program operators; and (c) licensing standards for health discount programs. (5) Nothing in this chapter prohibits a health discount program operator from marketing a health discount program operator's own services without a health discount program marketer license.