Medicare supplement policies and certificates shall have a notice prominently printed on the first page of the Medicare supplement policy or certificate or attached thereto stating in substance that the applicant shall have the right to return the policy or certificate within thirty (30) days of its delivery and to have the premium refunded if, after examination of the Medicare supplement policy or certificate, the applicant is not satisfied for any reason. Any refund made pursuant to this section shall be paid directly to the applicant by the issuer in a timely manner.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 79 - Insurance Policies Generally
Subchapter 4 - Medicare Supplement Insurance Minimum Standards Act
§ 23-79-402. Applicability and scope
§ 23-79-404. Standards for policy provisions and authority to promulgate rules
§ 23-79-405. Loss ratio standards
§ 23-79-406. Disclosure standards — Definition
§ 23-79-407. Notice of free examination
§ 23-79-408. Filing requirements for advertising