(1) It shall be an unfair or deceptive trade practice for a health insurance policy to exclude coverage for a health condition based solely on the fact that the health condition is work-related, unless the claimant is eligible for benefits under any workers' compensation act or similar law.
(2) For purposes of this section, all employees shall be deemed to be eligible for benefits under any workers' compensation act or similar law, except for:
(a) Any employee exempted from workers' compensation coverage pursuant to KRS 342.650(1), (2), (3), (5), or (7); and (b) The owner or owners of a business, including qualified partners as defined in KRS 342.012(3).