Tennessee § 63-1-504 - Direct medical care agreement.

§ 63-1-504. Direct medical care agreement.

A direct medical care agreement is not insurance and is not subject to regulation by the department of commerce and insurance. Entering into a direct medical care agreement is not the business of insurance and is not subject to regulation under title 56. A direct medical care provider, or the agent of a direct medical care provider, 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 medical care agreement. A direct medical care agreement is not a discount medical plan. A direct medical care agreement must: Allow either party to terminate the agreement upon written notice to the other party; Provide that fees are not earned by the direct medical care provider until the month paid by the periodic fee has been completed; and Provide that, upon termination of this agreement by the individual patient, all unearned fees are to be returned to the patient. Acts 2016, ch. 996, § 1; 2020, ch. 739, § 1. Amendments. The 2020 amendment substituted “medical” for “primary” in the section heading and throughout the section; substituted “provider” for “physician” in (c) twice, and in (e)(2); and substituted “must” for “shall” in the introductory paragraph of (e). Effective Dates. Acts 2020, ch. 739, § 3. July 1, 2020.