Sec. 1. This chapter does not apply to:
(1) any individual, agency, association, or corporation not organized or incorporated for pecuniary profit or financial gain;
(2) any organization or association that is exempt from taxation under Section 501(c) of the Internal Revenue Code; or
(3) any policy issued under IC 27 or entity licensed or regulated under IC 27, including the following:
(A) A health maintenance organization under IC 27-13.
(B) A claim review agent under IC 27-8-16.
(C) A utilization review agent under IC 27-8-17.
(D) A preferred provider arrangement under IC 27-8-11.
(E) An insurance administrator under IC 27-1-25.