(a) A direct primary care agreement is not insurance and is not subject to regulation by the department of commerce and insurance.
(b) Entering into a direct primary care agreement is not the business of insurance and is not subject to regulation under title 56.
(c) A direct primary care physician or the agent of a direct primary care physician is not required to obtain a certification of authority or license under the Tennessee Insurance Producer Licensing Act of 2002, compiled in title 56, chapter 6, to market, sell, or offer to sell a direct primary care agreement.
(d) A direct primary care agreement is not a discount medical plan.
(e) A direct primary care agreement shall:
(1) Allow either party to terminate the agreement upon written notice to the other party;
(2) Provide that fees are not earned by the direct primary care physician until the month paid by the periodic fee has been completed; and
(3) Provide that, upon termination of this agreement by the individual patient, all unearned fees are to be returned to the patient.