Current through December 12, 2024
Section 687B.269 - Notice required that certain policies of insurance are not supplementary to Medicare; disclosure of extent to which policy or certificate duplicates coverage of Medicare1. An insurer that delivers or issues for delivery in this State: (a) An insurance policy that provides coverage for accidents or sickness, including a policy to provide income in case of a disability, other than a policy to supplement Medicare;(b) A policy of insurance issued pursuant to a contract under section 1876 of the Social Security Act, 42 U.S.C. §§ 1395 et seq.; or(c) A policy of insurance identified in subsection 2 of NAC 687B.205, to a person who is eligible for Medicare shall give notice to the insureds under the policy that the policy is not a policy to supplement Medicare.
2. Such notice must be:(a) Printed on or attached to the first page of the outline of coverage delivered to the insureds under the policy or, if an outline of coverage is not delivered to the insureds, to the first page of the policy or certificate delivered to the insureds.(b) In not less than 12-point type and contain the following language: THIS (POLICY OR CERTIFICATE) IS NOT A (POLICY OR CONTRACT) TO SUPPLEMENT MEDICARE. If you are eligible for Medicare, review the Guide to Health Insurance for People with Medicare which is available from the insurance company.
3. Applications for the health insurance policies or certificates described in subsection 1 provided to persons eligible for Medicare must disclose on the appropriate statement developed by the National Association of Insurance Commissioners and approved by the Commissioner the extent to which the health insurance policy or certificate duplicates the coverage of Medicare. The disclosure must be provided as part of or together with the application for the policy or certificate.Nev. Admin. Code § 687B.269
Added to NAC by Comm'r of Insurance, 7-16-92, eff. 7-30-92; A 5-13-96