58-54-5. Applicability and scope.
(a) Except as otherwise specifically provided, this Article applies to:
(1) All policies delivered or issued for delivery in this State on or after August 7, 1989; and
(2) All certificates issued under group policies that have been delivered or issued for delivery in this State on or after August 7, 1989.
(b) This Article does not apply to an insurance contract of one or more employers or labor organizations, or of the trustees of a fund established by one or more employers or labor organizations, or combination thereof, for employees or former employees or a combination thereof, or for members or former members, or a combination thereof, of the labor organizations.
(c) This Article does not prohibit or apply to insurance contracts or health care benefit plans, including group conversion policies, that are provided to Medicare eligible persons and that are not marketed or held out to be Medicare supplement policies or benefit plans.