§ 10-18-106. Disclosure Standards – Regulations Necessary for Compliance With Federal Law
In order to provide for full and fair disclosure in the sale of medicare supplement policies, no individual medicare supplement policy or certificate shall be delivered or issued for delivery in this state unless the outline of coverage as described in subsection (2) of this section is delivered to the applicant for such policy or […]
§ 10-18-107. Right to Examine Policy – Right to Refund of Premium
Medicare supplement policies or certificates shall have a notice prominently printed on the first page of the policy or certificate or attached thereto stating in substance that the policyholder or certificate holder shall have the right to return the policy or certificate within thirty days after its delivery and to have any premium refunded if, […]
§ 10-18-108. Advertising – Copy Provided to Commissioner
Every insurer, health-care service plan, or other entity providing medicare supplement insurance or benefits in this state that advertises medicare supplement insurance shall provide the commissioner a written copy of the medicare supplement advertisement used in this state. If there is a complaint filed about a radio or television advertisement, the commissioner may request an […]
§ 10-18-109. Penalties
In addition to any other applicable penalties for violations of this title, the commissioner may order insurers violating any provision of this article or regulations promulgated pursuant to this article to cease marketing any medicare supplement policy or certificate in this state, which policy or certificate is related directly or indirectly to a violation, may […]
§ 10-19-101. Short Title
This article shall be known and may be cited as the “Long-term Care Insurance Act”. Source: L. 90: Entire article R&RE, p. 643, § 1, effective July 1.
§ 10-19-102. Legislative Declaration
The general assembly hereby declares that the purpose of this article is to promote the public interest and the availability of long-term care insurance policies, to protect applicants for long-term care insurance from unfair or deceptive sales or enrollment practices, to establish standards for long-term care insurance, to facilitate public understanding and comparison of long-term […]
§ 10-19-103. Definitions
As used in this article 19, unless the context otherwise requires: “Applicant” means: In the case of an individual long-term care insurance policy, the person who seeks to contract for benefits; and In the case of a group long-term care insurance policy, the proposed certificate holder. (1.5) Repealed. “Certificate” means any certificate issued under a […]
§ 10-19-104. Scope and Applicability of Article
The requirements of this article shall apply to policies delivered or issued for delivery in this state on or after July 1, 1990. This article is not intended to supersede the obligations of entities subject to this article to comply with the substance of other applicable insurance laws insofar as they do not conflict with […]
§ 10-19-105. Extraterritorial Jurisdiction – Group Long-Term Care Insurance
A group long-term care insurance coverage shall not be offered to a resident of this state under a group policy issued in another state to a group described in section 10-19-103 (4)(d), unless this state or another state having statutory and regulatory long-term care insurance requirements substantially similar to those adopted in this state has […]
§ 10-19-106. Rules on Disclosure
The commissioner may adopt rules and regulations that include standards for full and fair disclosure setting forth the manner, content, and required disclosures for the sale of long-term care insurance policies, terms of renewability, initial and subsequent conditions of eligibility, nonduplication of coverage provisions, coverage of dependents, preexisting conditions, termination of insurance, continuation or conversion, […]