376.395.  Definitions for group health conversion policy requirements. — As used in sections 376.395 to 376.404 the following terms shall mean:

  (1)  "Group policy", a group health insurance policy issued by an insurance company and a group contract issued by a health service corporation, a health maintenance organization or a similar corporation or organization;

  (2)  "Group policyholder", the entity purchasing the group policy from the insurer;

  (3)  "Individual policy" or "converted policy", an individual health insurance policy issued by an insurance company or an individual health services contract issued by a health service corporation, a health maintenance organization or a similar corporation or organization;

  (4)  "Insurer", the entity issuing a group policy or an individual or converted policy;

  (5)  "Medicare", Title XVIII of the United States Social Security Act as added by the Social Security Amendments of 1965 or as later amended or superseded;

  (6)  "Premium", any premium or other consideration payable for coverage under a group or individual policy.