R590-146-2. Purpose and Scope

(1) The purpose of this rule is to: (a) standardize coverage and simplify the terms and benefits of a Medicare supplement insurance policy; (b) facilitate public understanding and comparison of Medicare supplement insurance coverage; (c) eliminate provisions in a Medicare supplement insurance policy that are misleading or confusing in connection with the purchase of such policies or with the settlement of claims; (d) provide disclosure requirements when issuing accident and health insurance coverage to a person eligible for Medicare; and (e) establish rating and reporting requirements. (2) This rule applies to a Medicare supplement insurance policy or certificate subject to Section 31A-22-620.