Arkansas Code Title 23, Subtitle 3, Chapter 79, Subchapter 4 - Medicare Supplement Insurance Minimum Standards Act
- § 23-79-401 - Title.
This subchapter shall be known and cited as the "Medicare Supplement Insurance Minimum Standards Act".
- § 23-79-402 - Applicability and Scope.
(a) Except as otherwise specifically provided in § 23-79-405, this subchapter shall apply to: (1) All Medicare supplement policies delivered or issued for delivery...
- § 23-79-403 - Definitions.
As used in this subchapter: (1) "Applicant" means: (A) In the case of an individual Medicare supplement policy, the person who seeks to contract...
- § 23-79-404 - Standards for Policy Provisions and Authority to Promulgate Regulations.
(a) No Medicare supplement policy or certificate in force in this state shall contain benefits that duplicate benefits provided by Medicare.(b) Notwithstanding any other...
- § 23-79-405 - Loss Ratio Standards.
Medicare supplement policies shall return to policyholders benefits which are reasonable in relation to the premiums charged. The Insurance Commissioner shall issue reasonable regulations...
- § 23-79-406 - Disclosure Standards.
(a) In order to provide for full and fair disclosure in the sale of Medicare supplement policies, no Medicare supplement policy or certificate shall...
- § 23-79-407 - Notice of Free Examination.
Medicare supplement policies and certificates shall have a notice prominently printed on the first page of the Medicare supplement policy or certificate or attached...
- § 23-79-408 - Filing Requirements for Advertising.
Every issuer of Medicare supplement policies or certificates in this state shall provide a copy of any Medicare supplement advertising intended for use in...
- § 23-79-409 - Administrative Procedures.
Regulations adopted pursuant to this subchapter shall be subject to the provisions of § 23-61-108 and to the provisions of the Arkansas Administrative Procedure...
- § 23-79-410 - Penalties.
In addition to any other applicable penalties for violations of the Arkansas Insurance Code, the Insurance Commissioner may require issuers violating any provisions of...
Last modified: November 15, 2016