(a) Each Medicare supplement policy or certificate shall have prominently printed on the first page of the policy or certificate or attached to it, a notice that states that the applicant may:
(1) return the Medicare supplement policy or certificate within 30 days after its delivery; and
(2) receive a refund of the premium if after examination of the Medicare supplement policy or certificate, the applicant is not satisfied for any reason.
(b) The carrier shall pay a refund made under this section directly to the applicant in a timely manner.
Structure Maryland Statutes
Subtitle 9 - Medicare Supplement Act
Section 15-902 - Legislative Intent
Section 15-903 - Scope of Subtitle
Section 15-904 - Compliance With Subtitle Required; Medicare Select Program
Section 15-905 - Restoration of Benefits
Section 15-906 - Policy Provisions
Section 15-907 - Mammography Screening
Section 15-908 - Approval of Additional Benefits
Section 15-910 - Return of Policy; Refund
Section 15-911 - Minimum Loss Ratio Standards for Policies
Section 15-912 - Specific Standards for Policy Provisions
Section 15-913 - Prohibited Policy Provisions
Section 15-914 - Other Minimum Standards
Section 15-915 - Conformity With Federal Law
Section 15-916 - Medicare Supplement Buyer's Guide
Section 15-917 - Outline of Coverage
Section 15-918 - Informational Brochure
Section 15-919 - Required Statements to Prospective Buyers
Section 15-920 - Caption and Notice Requirements
Section 15-921 - Disclosure of Information About Replacement of Policies
Section 15-922 - Compensation of Insurance Producer and Other Representatives
Section 15-923 - Review of Policy Advertisements
Section 15-925 - Prohibited Solicitations
Section 15-926 - Information to Health Care Financing Administration