New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 4 - ACTUARIAL SERVICES
Subchapter 16 - MINIMUM STANDARDS FOR INDIVIDUAL HEALTH INSURANCE
Section 11:4-16.5 - Prohibited policy provisions
Current through Register Vol. 56, No. 18, September 16, 2024
(a) No policy except a short term, nonrenewable trip policy shall provide coverage solely for specifically identified kind(s) of accident(s); however a policy may provide increased benefits for specifically identified accident(s) for any accident only coverage specified in section 6(g) of this subchapter.
(b) No policy shall provide for the payment of a single premium for the entire term of the policy, except for nonrenewable policies issued for a term of one year or less.
(c) No policy shall provide benefits which duplicate the specific benefits provided by Part A or Part B of Medicare (benefits for which the insured is eligible to enroll).
(d) No policy or rider for additional coverage may be issued as a dividend unless an equivalent cash payment is offered to the policyholder as an alternative to such dividend policy or rider. No such dividend policy or rider shall be issued for an initial term of less than six months.
(e) A cash value or premium refund benefit may only be included in Disability Income Protection Coverage and only if it meets the conditions set forth in N.J.A.C. 11:4-16.6(d)2. No other policy shall provide a return of premium upon termination or suspension of coverage, retroactive waiver of premium paid during disability or payment of dividends on participating policies.
(f) No policy shall include a provision which predicates payment of benefits on the insured being house or home confined.
(g) Except as provided in 11:4-16.4(a)2, no policy shall contain provisions establishing a probationary or waiting period during which no coverage is provided under the policy, subject to the further exception that a policy may specify a probationary or waiting period for other than newborn children not to exceed six months for specified diseases or conditions and losses resulting therefrom for hernia, disorder of reproductive organs, varicose veins, adenoids, appendix and tonsils. However, the permissible six months exception shall not be applicable where such specified diseases or conditions are treated on an emergency basis. Accident policies shall not contain probationary or waiting periods.
(h) With respect to health insurance policies that are health benefits plans, carriers shall not limit or exclude coverage for preexisting conditions. For all other health insurance policies, no policy shall exclude coverage for a loss due to a preexisting condition, except where a condition is specifically excluded by the terms of the policy and in accordance with the following:
(i) Policies providing hospital confinement indemnity benefits shall not contain provisions excluding coverage because of confinement in a hospital operated by the federal government.
(j) No policy shall limit or exclude coverage by type of illness, accident, treatment, or medical condition, except as follows:
(k) A policy issued as a "Medicare supplement policy" pursuant to N.J.A.C. 11:4-16.6(g) shall not include limitations or exclusions which are more restrictive than those of Medicare for any type of care covered under the policy.
(l) No policy shall include a provision which gives the insurer an unconditional right of nonrenewal.
(m) No policy shall include a provision which reduces, limits or excludes benefits solely on the basis of the sex or marital status of the insured.
(n) Except with respect to Medicare supplement policies as defined in N.J.A.C. 11:4-16.6(g), and health insurance policies that are health benefits plans, other provisions of this section shall not impair or limit the use of waivers to exclude, limit or reduce coverage or benefits for specifically named or described preexisting disease, physical condition, or extra hazardous activity. Where waivers are required as a condition of issuance, renewal, or reinstatement, signed acceptance by the insured is required unless on initial issuance either the full text of the waiver is contained on the first page or specification page of the policy or prominent notice of the waiver appears on the first page or the specification page. Waivers to exclude, limit, or reduce coverage or benefits for specifically named or described preexisting diseases or physical conditions shall not be used in Medicare supplement policies or health insurance policies that are health benefits plans.
(o) Except as otherwise provided in N.J.A.C. 11:4-16.8(b)4, the terms "Medicare supplement," "Medigap," and words of similar import shall not be used unless the policy is issued in compliance with N.J.A.C. 11:4-16.6(g).