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§ 15-924. Sales of health insurance policies to individuals eligible for Medicare

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, § 15-924
§ 15-924. Sales of health insurance policies to individuals eligible for Medicare
In general
(a) Solicitation of the sale of a health insurance policy proposed to be issued to an individual eligible for Medicare may be made only in accordance with this section and § 15-925 of this subtitle.
Inquiries to individual when soliciting sale of health insurance policy
(b)(1) When soliciting the sale of a health insurance policy to an individual eligible for Medicare, a carrier or insurance producer shall ask the individual whether the individual:
(i) is already covered by an existing Medicare supplement policy; and
(ii) is entitled to Medicaid benefits.
(2) The carrier or insurance producer shall obtain a written statement from the individual that verifies the individual's information provided under paragraph (1) of this subsection.
Restrictions when soliciting or advertising sale of health insurance policy
(c) When soliciting or advertising the sale of a health insurance policy to an individual eligible for Medicare, a carrier or insurance producer may not:
(1) represent or imply that the carrier or insurance producer represents, works for, or is compensated by a federal, State, or local government agency;
(2) falsely represent or imply that the carrier or insurance producer is offering insurance to supplement Medicare that is approved or recommended by a federal, State, or local government agency;
(3) use terms such as “Medicare consultant”, “Medicare advisor”, “Medicare bureau”, or “disability insurance consultant” when describing the carrier or insurance producer in a letter, envelope, reply card, or any other writing or advertisement or in any oral representation; or
(4) knowingly make a misrepresentation or incomplete or fraudulent comparison by commission or omission of a policy or carrier to induce or attempt to induce the individual to:
(i) purchase, amend, lapse, surrender, forfeit, change, duplicate, or not renew coverage already in force;
(ii) replace a policy that is only technically at variance with the policy being offered by the carrier or insurance producer; or
(iii) take out a policy with another carrier.

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, §§ 468F, 468G.
MD Code, Insurance, § 15-924, MD INSURANCE § 15-924
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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