Utah Admin. Code 590-146-21

Current through Bulletin 2024-20, October 15, 2024
Section R590-146-21 - Appropriateness of Recommended Purchase and Excessive Insurance
(1) A producer shall make a reasonable effort to determine the appropriateness of a recommended purchase or replacement of a Medicare supplement insurance policy or certificate.
(2) The sale of a Medicare supplement insurance policy or certificate that provides an individual more than one Medicare supplement insurance policy or certificate is prohibited.
(3) An issuer may not issue a Medicare supplement insurance policy or certificate to an individual enrolled in a Medicare Advantage plan unless the effective date of the new policy or certificate is after the termination date of the individual's Medicare Advantage plan coverage.

Utah Admin. Code R590-146-21

Amended by Utah State Bulletin Number 2019-13, effective 6/7/2019
Adopted by Utah State Bulletin Number 2024-16, effective 8/7/2024