(a) The health insurance account, composed of the following subaccounts:
(A) The disability insurance subaccount;
(B) The long term care insurance subaccount; and
(C) The major medical and all other health insurance subaccount;
(b) The life insurance account; and
(c) The annuity account.
(2) The association shall come under the immediate supervision of the Director of the Department of Consumer and Business Services and shall be subject to the applicable provisions of the insurance laws of this state. [1975 c.251 §7; 2011 c.142 §3]
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