Louisiana Administrative Code
Title 37 - INSURANCE Part
Part XIII - Regulations
Chapter 5 - Regulation 33-Medicare Supplement Insurance Minimum Standards
Section XIII-501 - Purpose
Universal Citation: LA Admin Code XIII-501
Current through Register Vol. 50, No. 9, September 20, 2024
A. The purpose of this regulation is:
1. to provide for the
reasonable standardization of coverage and simplification of terms and benefits
of Medicare supplement policies;
2.
to facilitate public understanding and comparison of such policies;
3. to eliminate provisions contained in such
policies which may be misleading or confusing in connection with the purchase
of such policies or with the settlement of claims; and
4. to provide for full disclosures in the
sale of accident and sickness insurance coverages to persons eligible for
Medicare.
5. to incorporated Medigap
policies that cover Part B deductibles to "newly eligible" Medicare
beneficiaries defined as those individuals who:
a. have attained age 65 on or after January
1, 2020; or
b. first become
eligible for Medicare due to age, disability or end-stage renal disease, on or
after January 1, 2020.
AUTHORITY NOTE: Promulgated in accordance with R.S.22:224 and 42 U.S.C. 1395 et seq.
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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