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§ 11-704. Notice of access to information about proposed rate increases

West's Annotated Code of MarylandInsuranceEffective: October 1, 2017

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 11. Insurance Rating Law
Subtitle 7. Long-Term Care Insurance Premium Rate Review (Refs & Annos)
Effective: October 1, 2017
MD Code, Insurance, § 11-704
§ 11-704. Notice of access to information about proposed rate increases
Currentness
Notice requirement
(a) A carrier shall provide a one-time written notice to its insureds that an insured may access information about proposed rate increases on the Administration's Web site.
Time of notice
(b)(1) For a policy or contract issued or delivered on or after January 1, 2018, the one-time written notice shall be provided at the time the policy or contract is issued or delivered.
(2) For a policy or contract issued or delivered before January 1, 2018, the one-time written notice shall be provided no later than the next policy or contract anniversary date after January 1, 2018.

Credits

Added by Acts 2017, c. 672, § 1, eff. Oct. 1, 2017.
MD Code, Insurance, § 11-704, MD INSURANCE § 11-704
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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