3304
LAWS OF MARYLAND
Ch. 528
eligible expenses not covered by Medicare; repealing
provisions which make those supplemental benefits
optional; and permitting the Insurance Commissioner to
establish by regulation the time when the Medicare
supplement buyer's guide must be delivered to potential
buyers of policies; and providing that certain
statements shall be placed on a proposed policy under
certain circumstances.
BY repealing and reenacting, with amendments,
Article 48A - Insurance Code
Section 468C(b) and 468F(b) and (c)(4)
Annotated Code of Maryland
(1979 Replacement Volume and 1981 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
read(s) as follows:
Article 48A - Insurance Code
468C.
(b) A Medicare supplement policy shall:
(1) Provide at least the following minimum
benefits:
(i) Coverage of Medicare Part A eligible
expenses for the initial Medicare deductible for
hospitalization in any Medicare benefit period; and
(ii) Coverage of Medicare Part A eligible
expenses for hospitalization to the extent not covered by
Medicare from the sixty-first day through the ninetieth day
in any Medicare benefit period; and
(iii) To the extent not covered by
Medicare,, coverage of Medicare Part A eligible expenses
incurred as daily hospital charges during use of the
Medicare lifetime inpatient hospital reserve days; and
(IV) AFTER EXHAUSTION OF ALL MEDICARE
INPATIENT HOSPITAL COVERAGE, INCLUDING LIFETIME INPATIENT
HOSPITAL RESERVE DAYS, COVERAGE FOR A PERIOD OF 365 DAYS OF
90 PERCENT OF ALL MEDICARE PART A ELIGIBLE EXPENSES FOR
HOSPITALIZATION NOT COVERED BY MEDICARE; AND
(V) COVERAGE IN THE AMOUNT OF 20 PERCENT
OF MEDICARE ELIGIBLE EXPENSES UNDER MEDICARE PART B, WHICH
COVERAGE MAY BE LIMITED TO A MAXIMUM BENEFIT IN ANY CALENDAR
YEAR OF NOT LESS THAN $5,000; AND
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