Montana § 33-22-922 Discontinuance Or Nonrenewal -- Alternate Policy -- Unauthorized Bulk Reinsurance

Montana Statutes

§ 33-22-922 — Discontinuance Or Nonrenewal -- Alternate Policy -- Unauthorized Bulk Reinsurance

Montana § 33-22-922

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 22DISABILITY INSURANCE

Part 9Medicare Supplement Insurance Minimum Standards

This text of Montana § 33-22-922 (Discontinuance Or Nonrenewal -- Alternate Policy -- Unauthorized Bulk Reinsurance) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 33-22-922 (2026).

Text

33-22-922 . Discontinuance or nonrenewal -- alternate policy -- unauthorized bulk reinsurance.

(1)Alternate medicare supplement coverage as provided in 33-22-921 must be offered to its insureds by an issuer that:

(a)bulk cedes its medicare supplement policy business to an insurer that does not meet the requirements of chapter 2;

(b)authorizes the bulk reinsurer to administer the medicare supplement policies on its behalf; and

(c)discontinues or does not renew a medicare supplement policy product.

(2)The premium for the alternate policy referred to in subsection (1) must be based on actuarially justified rates.

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33-22-922 . Discontinuance or nonrenewal -- alternate policy -- unauthorized bulk reinsurance. (1) Alternate medicare supplement coverage as provided in 33-22-921 must be offered to its insureds by an issuer that:
(a) bulk cedes its medicare supplement policy business to an insurer that does not meet the requirements of chapter 2;
(b) authorizes the bulk reinsurer to administer the medicare supplement policies on its behalf; and
(c) discontinues or does not renew a medicare supplement policy product.
(2) The premium for the alternate policy referred to in subsection (1) must be based on actuarially justified rates.