§ 27-74-8. Charges and fees — Refund requirements — Bundling of services.
(a) A discount medical plan organization may charge a periodic charge as well as a reasonable
one-time processing fee for a discount medical plan.
(b) If a member cancels his or her membership in the discount medical plan organization
within the first thirty (30) days after the date of receipt of the written document
for the discount medical plan described in § 27-74-11(e), the member shall receive a reimbursement of all periodic charges and the amount
of any one-time processing fee that exceeds twenty dollars ($20.00) upon return of
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§ 27-74-8. Charges and fees — Refund requirements — Bundling of services.
(a) A discount medical plan organization may charge a periodic charge as well as a reasonable
one-time processing fee for a discount medical plan.
(b) If a member cancels his or her membership in the discount medical plan organization
within the first thirty (30) days after the date of receipt of the written document
for the discount medical plan described in § 27-74-11(e), the member shall receive a reimbursement of all periodic charges and the amount
of any one-time processing fee that exceeds twenty dollars ($20.00) upon return of
the discount medical plan card to the discount medical plan organization.
(c) Cancellation occurs when notice of cancellation is given to the discount medical plan
organization. Notice of cancellation is deemed given when delivered by hand or deposited
in a mailbox, properly addressed and postage prepaid to the mailing address of the
discount medical plan organization or emailed to the email address of the discount
medical plan organization.
(d) A discount medical plan organization shall return any periodic charge charged or collected
after the member has returned the discount medical plan card or given the discount
medical plan organization notice of cancellation.
(e) If the discount medical plan organization cancels a membership for any reason other
than nonpayment of charges by the member, the discount medical plan organization shall
make a pro rata reimbursement of all periodic charges to the member.
(f) When a marketer or discount medical plan organization sells a discount medical plan
in conjunction with any other products, the marketer or discount medical plan organization
shall:
(1) Provide the charges for each discount medical plan in writing to the member; or
(2) Reimburse the member for all periodic charges for the discount medical plan and all
periodic charges for any other product if the member cancels his or her membership
in accordance with this section.
(g) Any discount medical plan organization that is a health carrier that provides a discount
medical plan product that is incidental to the insured product is not subject to this
section.