X hits on this document

167 views

0 shares

0 downloads

0 comments

41 / 46

OAC 365:10

INSURANCE DEPARTMENT

whether a Medicare supplement policy or certificate is intended to replace any other accident and health policy or certificate presently in force. A supplementary application or other form to be signed by the applicant and agent containing such questions and statements may be used.

    • (1)

      Statements.

      • (A)

        You do not need more than one Medicare supplement policy.

      • (B)

        If you purchase this policy, you may want to evaluate your existing health coverage and decide if you need multiple coverages.

      • (C)

        You may be eligible for benefits under Medicaid and may not need a Medicare supplement policy.

      • (D)

        If after purchasing this policy, you become eligible for Medicaid, the benefits and premiums under your Medicare supplement policy can be suspended, if requested, during your entitlement to benefits under Medicaid for 24 months. You must request this suspension within 90 days of becoming eligible for Medicaid. If you are no longer entitled to Medicaid, your suspended Medicare supplement policy will be reinstituted if requested within 90 days of losing Medicaid eligibility. If the Medicare supplement policy provided coverage for outpatient prescription drugs and you enrolled in Medicare Part D while your policy was suspended, the reinstituted policy will not have outpatient prescription drug coverage, but will otherwise be substantially equivalent to your coverage before the date of the suspension.

      • (E)

        If you are eligible for, and have enrolled in a Medicare supplement policy by reason of disability and you later become covered by an employer or union-based group health plan, the benefits and premiums under your Medicare supplement policy can be suspended, if requested, while you are covered under the employer or union-based group health plan. If you suspend your Medicare supplement policy under these circumstances, and later lose your employer or union-based group health plan, your suspended Medicare supplement policy (or, if that is not longer available, a substantially equivalent policy) will be reinstituted if requested within ninety (90) days of losing your employer or union-based group health plan. If the Medicare supplement policy provided coverage for outpatient prescription drugs and you enrolled in Medicare Part D while your polcy was suspended, the reinstituted policy will not have outpatient prescription drug coverage, but will otherwise be substantially equivalent to your coverage before the date of the suspension.

      • (F)

        Counseling services may be available in your state to provide advice concerning your purchase of Medicare supplement insurance and concerning medical assistance through the state Medicaid program, including benefits as a Qualified Medicare Beneficiary (QMB) and a Specified Low-Income Medicare Beneficiary (SLMB).

    • (2)

      Questions. See Appendix FF of this Chapter for questions.

  • (b)

    Agents shall list any other health insurance policies they have sold to the applicant.

    • (1)

      List policies sold which are still in force.

    • (2)

      List policies sold in the past five (5) years which are no longer in force.

  • (c)

    In the case of a direct response issuer, a copy of the application or supplemental form, signed by

the applicant, and acknowledged by the issuer, shall be returned to the applicant by the issuer upon delivery of the policy. (d) Upon determining that a sale will involve replacement of Medicare supplement coverage, any

Document info
Document views167
Page views167
Page last viewedFri Dec 09 15:50:33 UTC 2016
Pages46
Paragraphs1387
Words22930

Comments