HARRY HUGHES, Governor
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(2) Provide, or offer as an option, [at least
the following benefits:
(i) After exhaustion of all Medicare
inpatient hospital coverage, including the lifetime 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
(ii) Coverage] COVERAGE of the initial
annual deductible FOR [and of 20 percent of the amount of]
Medicare eligible expenses under Medicare Part B[, which
coverage may be subject to a maximum benefit in any calendar
year not less than $5,000].
468F.
(b) (1) Before accepting an application, OR AT ANY
OTHER TIME REQUIRED BY REGULATION BY THE COMMISSIONER, the
insurer or the agent shall deliver to the prospect a
Medicare supplement buyer's guide that is printed in at
least 12-point type. The buyer's guide also shall be
delivered when an existing policy is converted to a Medicare
supplement policy.
(2) The text of the guide shall be as published
by the Commissioner under § 468E of this subtitle and the
form of the guide shall be as required by rules and
regulations adopted by the Commissioner.
(c) (4) (I) If the proposed policy does not comply
with the requirements OF SUBPARAGRAPHS (I), (II), AND (III)
of § 468C(B)(1) of this subtitle for a Medicare supplement
policy, a statement printed in 12-point type shall be given
that:
"This policy is not a Medicare supplement policy. It
is not designed to fill the 'gaps' of Medicare. YOU
SHOULD CONSULT THE BUYER'S GUIDE PROVIDED TO YOU WITH
THIS POLICY".
HOWEVER, IF THE PROPOSED POLICY COMPLIES WITH THE
REQUIREMENTS OF SUBPARAGRAPHS (I), (II), AND (III) OF
SECTION 468C(B)(1), BUT DOES NOT COMPLY WITH THE OTHER
REQUIREMENTS OF SECTION 468C OF THIS SUBTITLE, A STATEMENT
PRINTED IN 12-POINT TYPE SHALL BE GIVEN THAT:
"THIS POLICY IS NOT A COMPLETE MEDICARE SUPPLEMENT
POLICY. IT IS NOT DESIGNED TO COMPLETELY FILL THE
'GAPS' OF MEDICARE. YOU SHOULD CONSULT WITH THE
BUYER'S GUIDE PROVIDED TO YOU WITH THIS POLICY".
(II) NOTWITHSTANDING THE PROVISIONS OF
SUBPARAGRAPH (I) OF THIS PARAGRAPH, THE COMMISSIONER SHALL
ADOPT REGULATIONS NECESSARY TO MAKE THE PROVISIONS OF THIS
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