PARRIS N. GLENDENING, Governor

Ch. 35

(6) THE DATE ON WHICH THE INSURED ELECTS TO TERMINATE
COVERAGE UNDER THE GROUP CONTRACT; OR

(7) THE DATE ON WHICH THE EMPLOYER CEASES TO PROVIDE
BENEFITS TO ITS EMPLOYEES UNDER A GROUP CONTRACT.

(D) NATURE OF CONTINUATION COVERAGE.
CONTINUATION COVERAGE UNDER THIS SECTION SHALL:

(1) BE PROVIDED WITHOUT EVIDENCE OF INSURABILITY OR
ADDITIONAL WAITING PERIODS;

(2) REQUIRE THE INSURED TO PAY TO THE EMPLOYER AN AMOUNT
THAT DOES NOT EXCEED:

(I) THE SUM OF THE EMPLOYER CONTRIBUTION AND ANY
CONTRIBUTION THAT THE INSURED WOULD HAVE BEEN REQUIRED TO PAY IF
THERE HAD NOT BEEN A CHANGE IN STATUS; AND

(II) A REASONABLE ADMINISTRATIVE FEE THAT IS SUBJECT TO
REVIEW AND APPROVAL BY THE COMMISSIONER;

(3) ALLOW THE PAYMENT OF THE AMOUNT SPECIFIED IN PARAGRAPH
(2) OF THIS SUBSECTION IN MONTHLY INSTALLMENTS IF THE INSURED ELECTS TO

DO SO;

(4) BE IDENTICAL TO THE COVERAGE OFFERED UNDER THE GROUP
CONTRACT TO SIMILARLY SITUATED INDIVIDUALS FOR WHOM THERE HAS NOT
BEEN A CHANGE IN STATUS; AND

(5) BE AVAILABLE TO THE SPOUSE AND DEPENDENT CHILDREN OF THE
INSURED IF:

(I) THE GROUP CONTRACT PROVIDES BENEFITS FOR SPOUSES
AND DEPENDENT CHILDREN; AND

(II) THE INSURED'S SPOUSE AND DEPENDENT CHILDREN WERE
COVERED UNDER THE GROUP CONTRACT BEFORE THE CHANGE IN STATUS.

(E) ELECTION PERIOD.

(1) TO ELECT CONTINUATION COVERAGE PROVIDED UNDER THIS
SECTION, AN INSURED OR AUTHORIZED REPRESENTATIVE SHALL SUBMIT A SIGNED
ELECTION NOTIFICATION FORM TO THE INSURED'S EMPLOYER DURING THE
ELECTION PERIOD.

(2) THE ELECTION PERIOD FOR CONTINUATION COVERAGE UNDER
THIS SECTION BEGINS ON THE DATE OF THE CHANGE IN STATUS AND ENDS AT
LEAST 45 DAYS AFTER THAT DATE.

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