Louisiana Administrative Code
Title 37 - INSURANCE
Part XI - Rules
Chapter 1 - Rule Number 3A-Advertisement of Medicare Supplement Insurance
Section XI-125 - Group or Quasi-Group Implications

Universal Citation: LA Admin Code XI-125

Current through Register Vol. 50, No. 3, March 20, 2024

A. An advertisement of a particular policy shall not state or imply that prospective insureds become group or quasi-group members covered under a group policy, and as such, enjoy special rates or underwriting privileges, unless such is the fact.

B. This regulation prohibits the solicitation of a particular class, such as governmental employees, by use of advertisements which state or imply that their occupational status entitles them to reduced rates on a group or other basis when, in fact, the policy being advertised is sold only on an individual basis at regular rates.

AUTHORITY NOTE: Promulgated in accordance with R.S. 22:2 and 22:224.

Disclaimer: These regulations may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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