Colorado Code
Article 19 - Long-Term Care Insurance
§ 10-19-103. Definitions

As used in this article 19, unless the context otherwise requires:

(1.5) Repealed.

(3.5) "Dementia diseases and related disabilities" has the same meaning set forth in section 10-16-102 (16.5).

(I) The only insurance protection provided under the contract is coverage of qualified long-term care services. A contract shall not fail to satisfy the requirements of this subparagraph (I) by reason of payments being made on a per diem or other periodic basis without regard to the expenses incurred during the period to which the payments relate.
(II) The contract does not pay or reimburse expenses incurred for services or items to the extent that the expenses are reimbursable under Title XVIII of the federal "Social Security Act", as added by the "Social Security Amendments of 1965", Pub.L. 89-97, as amended, or would be so reimbursable but for the application of a deductible or coinsurance amount. The requirements of this subparagraph (II) do not apply to expenses that are reimbursable under said Title XVIII only as a secondary payer. A contract shall not fail to satisfy the requirements of this subparagraph (II) by reason of payments being made on a per diem or other periodic basis without regard to the expenses incurred during the period to which the payments relate.
(III) The contract is guaranteed renewable, within the meaning of 26 U.S.C. sec. 7702B (b)(1)(C) of the federal "Internal Revenue Code of 1986", as amended;

Source: L. 90: Entire article R&RE, p. 643, § 1, effective July 1. L. 95: (5) amended and (1.5) and (7) added, p. 922, § 20, effective May 25. L. 2005: (1.5) and (7) repealed, p. 405, § 1, effective August 8. L. 2007: (5) amended and (8) added, p. 196, § 1, effective January 1, 2008. L. 2018: IP amended and (3.5) added, (HB 18-1091), ch. 74, p. 645, § 10, effective August 8.
Editor's note: This section is similar to former § 10-19-101 as it existed prior to 1990.