20-1412. Group and blanket disability
insurance policies or contracts; varying copayments and
deductibles allowed
A. Except as provided in sections 20-1379 and 20-2304, a group disability insurer
or a blanket disability insurer may offer one or more disability insurance policies or
contracts that contain a choice of deductibles, coinsurance, copayments, out-of-pocket
and any other cost sharing levels. Plans offered under this section shall clearly
disclose in marketing materials, certificates of coverage and contracts the insured's
financial responsibilities. A group disability insurer or blanket disability insurer that
offers such a disability insurance policy or contract shall continue to provide any
mandated health coverage that is required by this state or by federal law.
B. This section does not prohibit a health benefits plan that is intended to
qualify as a high deductible health plan as defined by 26 United States Code section
223(c)(2) from requiring the application of deductibles, copayments or coinsurance to
benefits provided under the health benefits plan.
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