(3) an exchange;
(4) an interinsurance exchange;
(5) a health maintenance organization;
(6) a preferred provider organization;
(7) a professional health services plan corporation;
(8) a hospital plan corporation;
(9) a fraternal benefits society;
(10) a beneficial association;
(11) a Lloyd's insurer; or
(12) a health plan corporation.
"Health insurance." An individual or group health insurance
policy, subscriber contract, certificate or plan that provides
medical or health care coverage by a health care facility or
licensed health care provider.
Section 3. Right to purchase health insurance from foreign
insurers.
Notwithstanding any other provision of law to the contrary, a
resident of this Commonwealth shall have the right to purchase
health insurance from a foreign insurer, regardless of whether
the foreign insurer is licensed or in compliance with the laws
of this Commonwealth.
Section 4. Public notice.
The department shall publish a notice on its publicly
accessible Internet website that explains the right of a
resident of this Commonwealth under this act to purchase health
insurance from a foreign insurer. The department may include in
the notice information that a resident might find helpful in
making a decision to purchase health insurance from a foreign
insurer.
Section 5. Effective date.
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