Delaware Administrative Code
Title 18 - Insurance
1500 - Medicare Supplement Policies
1502 - Transitional Requirements for the Conversion of Medicare Supplement Insurance Benefits and Premiums to Conform to Medicare Program Revisions [Formerly Regulation 59]
Section 1502-1.0 - Purpose

Universal Citation: 18 DE Admin Code 1502-1.0

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

1.1 The purpose of this regulation is to assure the orderly implementation and conversion of medicare supplement insurance benefits and premiums due to changes in the federal medicare program; to provide for the reasonable standardization of the coverage, terms and benefits of medicare supplement policies or contracts; to facilitate public understanding of such policies or contracts; to eliminate provisions contained in such policies or contracts which may be misleading or confusing in connection with the purchase of such policies or contracts; to eliminate policy or contract provisions which may duplicate medicare benefits; to provide full disclosure of policy or contract benefits and benefit changes; and to provide for refunds of premiums associated with benefits duplicating medicare program benefits.

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