Montana Statutes
§ 33-22-922 — Discontinuance Or Nonrenewal -- Alternate Policy -- Unauthorized Bulk Reinsurance
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 22 DISABILITY INSURANCE·Part 9 Medicare Supplement Insurance Minimum Standards
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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Legislative History
En. Sec. 2, Ch. 125, L. 1987; amd. Sec. 28, Ch. 8, L. 2025.
Nearby Sections
15
§ 33-22-1001
Definition Of Home Health Care§ 33-22-1002
Availability Of Coverage For Home Health Care§ 33-22-1003
Applicability§ 33-22-101
Exceptions To Scope§ 33-22-102
Third-Party Ownership§ 33-22-103
Repealed§ 33-22-104
Through 33-22-106 Reserved§ 33-22-108
Reserved§ 33-22-109
Riders§ 33-22-110
Preexisting Conditions§ 33-22-1101
Short Title§ 33-22-1102
Purpose§ 33-22-1103
Compliance Required§ 33-22-1104
Scope