Delaware Administrative Code
Title 18 - Insurance
1300 - Health Insurance General Provisions
1307 - Group Coordination Benefits [Formerly Regulation 61]
Appendix A - MODEL COB PROVISIONS
Section 1307-A-IV - Effect On The Benefits Of This Plan

Universal Citation: 18 DE Admin Code 1307-A-IV

Current through Register Vol. 28, No. 3, September 1, 2024

A. When This Section Applies. This Section IV applies when, in accordance with Section III "Order of Benefit Determination Rules," This Plan is a Secondary Plan as to one or more other plans. In that event the benefits of This Plan may be reduced under this section. Such other plan or plans are referred to as "the other plans" in B immediately below.

B. Reduction in this Plan's Benefits. The benefits of This Plan will be reduced when the sum of:

(1) The benefits that would be payable for the Allowable Expense under This Plan in the absence of the COB provision; and

(2) The benefits that would be payable for the Allowable Expenses under the other plans, in the absence of provisions with a purpose like that of this COB provision, whether or not claim is made, exceeds those Allowable Expenses in a Claim Determination Period. In that case, the benefits of This Plan will be reduced so that they and the benefits payable under the other plans do not total more than those Allowable Expenses. When the benefits of This Plan are reduced as described above, each benefit is reduced in proportion. It is then charged against any applicable benefit limit of This Plan.

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