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§ 15-916. Medicare supplement buyer's guide

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 15. Health Insurance
Subtitle 9. Medicare Supplement Act (Refs & Annos)
MD Code, Insurance, § 15-916
§ 15-916. Medicare supplement buyer's guide
In general
(a) The Commissioner shall prepare in clear, plain English the text of a Medicare supplement buyer's guide that carriers must provide to prospective buyers of Medicare supplement policies under this section.
Contents of buyer’s guide
(b) The buyer's guide shall:
(1) contain an outline of Medicare coverage; and
(2) include advice and other information about purchasing Medicare supplement policies, including a reference to the right of the buyer to cancel a Medicare supplement policy during the first 30 days after it is delivered, as provided in § 15-910 of this subtitle.
Text of supplement buyer’s guide submitted for publication in Maryland Register
(c) The Commissioner shall submit the text of the buyer's guide for publication in the Maryland Register and at the same time send a copy of the text to the Department of Aging.
Delivery of supplement buyer’s guide to prospective buyer
(d) The carrier or insurance producer of the carrier shall deliver to the prospective buyer a Medicare supplement buyer's guide that is printed in at least 12-point type:
(1) before accepting an application;
(2) when an existing policy is converted to a Medicare supplement policy; and
(3) at any other time required by the Commissioner by regulation.
Delivery of supplement buyer’s guide to eligible individuals
(e) A carrier shall provide:
(1) a copy of the Medicare supplement buyer's guide to an individual covered under a group health insurance policy when the individual becomes eligible for Medicare by reason of age; and
(2) any information required under § 15-919 of this subtitle that is applicable to the continuing coverage under the group health insurance policy of the individual eligible for Medicare.
Text and form of supplement buyer’s guide
(f)(1) The text of the Medicare supplement buyer's guide shall be as the Commissioner submits for publication under subsection (c) of this section.
(2) The form of the Medicare supplement buyer's guide shall be as required by the Commissioner by regulation.

Credits

Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997. Amended by Acts 2001, c. 731, § 1, eff. July 2, 2001.
Formerly Art. 48A, §§ 468E, 468F.
MD Code, Insurance, § 15-916, MD INSURANCE § 15-916
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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