Regl. 7747, art. 50-1

Purpose

Length: 93 wordsOfficial source

Cite as Reglamento Núm. 7747, Art. 50-1

The purpose of this rule is to provide for the reasonable standardization of coverage and simplification of terms and benefits of Medicare supplement policies, health care plans and other subscriber contracts; to facilitate public understanding and comparison of such policies and contracts; to eliminate provisions contained in such policies or contracts which may be misleading or confusing in connection with the purchase of such policies or contracts, or with the settlement of claims; and to provide for full disclosures in the sale of accident and sickness insurance coverages to persons eligible for Medicare.
Regl. 7747, art. 50-1: Purpose | Justis AI