Indiana § 27-8-13-16 Disclosures distinguishing Medicare supplement coverages from
accident and sickness coverages

Indiana Statutes

§ 27-8-13-16 — Disclosures distinguishing Medicare supplement coverages from accident and sickness coverages

Indiana·Title 27 INSURANCE·Art. 8 LIFE, ACCIDENT, AND HEALTH·Ch. 13 Medicare Supplement Insurance

(a)The commissioner may adopt rules under IC 4-22-2 for captions or notice requirements that are determined to be in the public interest and designed to inform prospective insureds that particular insurance coverages are not Medicare supplement coverages. The captions or notice requirements may apply to all accident and sickness insurance policies sold to persons eligible for Medicare by reason of age, other than:

(1)Medicare supplement policies;

(2)disability income policies;

(3)basic, catastrophic, or major medical expense policies; and

(4)single premium, nonrenewable policies.

(b)The commissioner may also adopt rules under IC 4-22-2 to govern the full and fair disclosure of the information in connection with the replacement of accident and sickness policies, subscriber contracts,

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(a) The commissioner may adopt rules under
IC 4-22-2 for captions or notice requirements that are determined to be
in the public interest and designed to inform prospective insureds that
particular insurance coverages are not Medicare supplement coverages.
The captions or notice requirements may apply to all accident and
sickness insurance policies sold to persons eligible for Medicare by
reason of age, other than:
(1) Medicare supplement policies;
(2) disability income policies;
(3) basic, catastrophic, or major medical expense policies; and
(4) single premium, nonrenewable policies.
(b) The commissioner may also adopt rules under IC 4-22-2 to
govern the full and fair disclosure of the information in connection with
the replacement of accident and sickness policies, subscriber contracts,
or certificates by persons eligible for Medicare.

Indiana § 27-8-13-16 (Disclosures distinguishing Medicare supplement coverages from accident and sickness coverages) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.