STATEMENT OF UNDERSTANDING
I, ______________, understand that I am enrolling in a limited health benefit plan that contains a total maximum annual amount of benefits available to me and my covered dependents each plan year for basic health care services. The total maximum annual benefit amount is ____. I understand that once I receive the total maximum amount of benefits under the limited health benefit plan in a plan year, I am fully responsible for paying out-of-pocket for the costs or charges for any health care services I or my covered dependents receive during the remaining portion of the plan year. I understand that I may exhaust my total annual maximum benefit amount while I am or a covered dependent is undergoing treatment for an illness or injury and that I will be responsible for paying the costs of treatment provided after I have exhausted my benefits under the limited health benefit plan. I understand that if I exhaust my total annual maximum benefit amount in a plan year, I or my covered dependent may or may not be eligible for the state Medicaid program, the Colorado Indigent Care Program, or other public programs, and that it is solely my choice and responsibility to investigate my options and eligibility for participation in any public program. Signature of Enrollee Date
Source: L. 92: Entire article R&RE, p. 1700, § 1, effective July 1; (2) added, p. 1789, § 1, effective January 1, 1993. L. 2002: (2) amended, p. 1295, § 10, effective January 1, 2003. L. 2009: (3) added, (HB 09-1143), ch. 114, p. 481, § 3, effective August 5.
Cross references: For the legislative declaration contained in the 2009 act adding subsection (3), see section 1 of chapter 114, Session Laws of Colorado 2009.
Structure Colorado Code
Article 16 - Health-Care Coverage
Part 4 - Health Maintenance Organizations
§ 10-16-401. Establishment of Health Maintenance Organizations
§ 10-16-402. Issuance of Certificate of Authority - Denial
§ 10-16-403. Powers of Health Maintenance Organizations
§ 10-16-405. Fiduciary Responsibilities
§ 10-16-406. Evidence of Coverage - Rules
§ 10-16-407. Information to Enrollees
§ 10-16-411. Protection Against Insolvency
§ 10-16-412. Statutory Deposit
§ 10-16-413. Prohibited Practices
§ 10-16-413.5. Return to Home - Legislative Declaration - Definitions
§ 10-16-414. Regulation of Agents
§ 10-16-417. Suspension or Revocation of Certificate of Authority
§ 10-16-418. Rehabilitation, Liquidation, or Conservation of Health Maintenance Organization
§ 10-16-419. Administrative Procedures
§ 10-16-420. Penalties and Enforcement
§ 10-16-421. Statutory Construction and Relationship to Other Laws
§ 10-16-421.5. Acquisition of Control of or Merger of a Health Maintenance Organization
§ 10-16-422. Filings and Reports as Public Documents
§ 10-16-423. Confidentiality of Health Information
§ 10-16-424. Commissioner's Authority to Contract
§ 10-16-425. Applicability of Provisions
§ 10-16-426. Medicare Supplement Benefit Standards