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§ 83-9-101. Definitions

As used in Sections 83-9-101 through 83-9-113: “Applicant” means: In the case of an individual Medicare supplement policy, the person who seeks to contract for insurance benefits, and In the case of a group Medicare supplement policy, the proposed certificate holder. “Certificate” means any certificate delivered or issued for delivery in this state under a […]

§ 83-9-102. Applicability of provisions

Sections 83-9-101 through 83-9-115 shall apply to: All Medicare supplement policies delivered or issued for delivery in this state on or after April 20, 1992, and All certificates issued under group Medicare supplement policies, which certificates have been delivered or issued for delivery in this state. Sections 83-9-101 through 83-9-115 shall not apply to a […]

§ 83-9-103. Regulations to be issued by commissioner

The commissioner shall adopt reasonable regulations to establish specific standards for policy provisions of Medicare supplement policies and certificates. Such standards shall be in addition to and in accordance with applicable laws of this state including Sections 83-9-1 through 83-9-21, Mississippi Code of 1972. No requirement of the insurance code relating to minimum required policy […]

§ 83-9-107. Minimum standards for loss ratios

Medicare supplement policies shall return to policyholders benefits which are reasonable in relation to the premium charged. The commissioner shall issue reasonable regulations to establish minimum standards for loss ratios of Medicare supplement policies on the basis of incurred claims experience, or incurred health care expenses when coverage is provided by a health maintenance organization […]

§ 83-9-109. Outline of coverage

In order to provide for full and fair disclosure in the sale of Medicare supplement policies, no Medicare supplement policy or certificate shall be delivered in this state unless an outline of coverage is delivered to the applicant at the time application is made. The commissioner shall prescribe the format and content of the outline […]

§ 83-9-110. Review and approval of advertising by commissioner

Every issuer of Medicare supplement insurance policies or certificates in this state shall provide a copy of any Medicare supplement advertisement intended for use in this state whether through written, radio or television medium to the commissioner for review and approval.

§ 83-9-111. Right to return policy or certificate

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 applicant shall have the right to return the policy or certificate within thirty (30) days of its delivery and to have the premium refunded if, after examination […]

§ 83-9-112. Penalty for issuers violating statutory provisions

In addition to any other applicable penalties for violations of the insurance code, the commissioner may require issuers violating any provision of Sections 83-9-101 through 83-9-115 or regulations promulgated pursuant to Sections 83-9-101 through 83-9-115 to cease marketing any Medicare supplement policy or certificate in this state which is related directly or indirectly to a […]

§ 83-9-115. Effect of partial invalidity of provisions

If any provision of Sections 83-9-101 through 83-9-115 or the application thereof to any person or circumstances is for any reason held to be invalid, the remainder of Sections 83-9-101 through 83-9-115 and the application of such provision to other persons or circumstances shall not be affected thereby.