Exams / Wyoming Accident and Health Insurance License / Wyo. Stat. §26-43-101

Wyo. Stat. §26-43-101 — what it says, and how the exam tests it

This section is cited by 5 of our practice questions and is tested on 2 exams including the Wyoming Accident and Health Insurance License.

The text

26-43-101. Definitions. (a) As used in this act: (i) "Account" means the account provided by W.S. 26-43-112; (ii) "Administrator" means the insurer, insurers or third party administrator or administrators selected pursuant to W.S. 26-43-104(a) to administer the pool; (iii) "Board" means the board of directors of the pool; (iv) "Commissioner" means the insurance commissioner; (v) "Department" means the insurance department; (vi) "Health insurance" means any public health benefit plan, private health benefit plan, hospital and medical expense incurred policy, Medicare supplement policy, nonprofit health care service plan contract and health maintenance organization subscriber contract. The term does not include any hospital or medical service plan which by contract or product design is intended to provide coverage for six (6) months or less, fixed indemnity, limited benefit or credit insurance, coverage issued as a supplement to liability insurance, insurance arising from a workers' compensation or similar law, automobile medical payment insurance, or insurance under which benefits are payable with or without regard to fault and which is statutorily required to be contained in any liability insurance policy or equivalent self-insurance; (vii) "Health maintenance organization" means as defined by W.S. 26-34-102; (viii) "Hospital" means a facility licensed as a hospital by the department of health; (ix) "Insurance arrangement" means any plan, program, contract or any other arrangement under which one (1) or more employers, unions or other organizations provide to their employees or members, either directly or indirectly through a trust or third party administrator, health care services or benefits other than through an insurer. For purposes of assessments under this act "insurance arrangement" does not include any plan, program, contract or other arrangement under which the state of Wyoming, its political subdivisions or school districts provide health care services or benefits pursuant to the authority granted under W.S. 9-3-201; (x) "Insured" means any individual resident of this state who is eligible to receive benefits from any insurer or insurance arrangement; (xi) "Insurer" means any insurance company authorized to transact disability insurance business in this state, Medicare supplement insurance issuer, health maintenance organization or health service…

Public record. Read the full, current section at the official source: wyoleg.gov

How it comes up on the exam

Practice questions written from this section — answers and explanations are in the drill.

  1. Under Wyo. Stat. §26-43-101, for purposes of assessments under the Wyoming health insurance pool act, which entity is specifically excluded from the definition of 'insurance arrangement'?
    drill Wyoming Statutes and Rules Pertinent to Accident and Health Insurance Only →
  2. Under Wyo. Stat. §26-43-101, the definition of 'health insurance' for purposes of the Wyoming health insurance pool specifically excludes coverage intended to provide coverage for what duration or less?
    drill Wyoming Statutes and Rules Pertinent to Accident and Health Insurance Only →
  3. Under Wyo. Stat. §26-43-101, the term 'insured' for purposes of the Wyoming health insurance pool refers to which person?
    drill Wyoming Statutes and Rules Pertinent to Accident and Health Insurance Only →

Exams that test this section