Sec. 3843.
(1) A policy or certificate of health insurance issued for delivery in this state to persons eligible for Medicare by reason of age must notify insureds under the policy or certificate that the policy is not a Medicare supplement policy. The notice must either be printed or attached to the first page of the coverage outline delivered to insureds under the policy or certificate or, if a coverage outline is not delivered, to the first page of the policy or certificate delivered to insureds. The notice must be in not less than 12-point type, and must contain the following language:
"This (policy or certificate) is not a Medicare supplement (policy or certificate). It is not designed to fit with Medicare. It may not fit all of the gaps in Medicare and it may duplicate some Medicare benefits. If you are eligible for Medicare, review the Medicare supplement buyer's guide available from the company. If you decide to consider buying this policy or certificate, be sure you understand what it covers, what it does not cover, and whether it duplicates coverage you already have."
(2) Subsection (1) does not apply to any of the following:
(a) A Medicare supplement policy or certificate.
(b) A disability income policy or certificate.
(c) A single premium nonrenewable policy or certificate.
History: Add. 1992, Act 84, Imd. Eff. June 2, 1992 ;-- Am. 2018, Act 429, Eff. Mar. 20, 2019 Popular Name: Act 218
Structure Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
218-1956-38 - Chapter 38 Medicare Supplement Policies and Certificates (500.3801...500.3861)
Section 500.3801 - Chapter; Definitions.
Section 500.3803 - Applicability of Chapter.
Section 500.3804 - Repealed. 2018, Act 429, Eff. Mar. 20, 2019.
Section 500.3805 - Medicare Supplement Policy; Definitions.
Section 500.3808 - Repealed. 2018, Act 429, Eff. Mar. 20, 2019.
Section 500.3813 - Disability Coverage; Medicare Supplement Buyer's Guide; Applicability of Section.
Section 500.3825 - Preexisting Diseases or Conditions; Waiver Prohibited.
Section 500.3830 - Eligible Person; Requirements.
Section 500.3830a - Termination of Contract or Agreement; Notice to Individual.
Section 500.3833 - Replacement Policy; Waiver of Certain Time Periods.
Section 500.3837 - Repealed. 2002, Act 304, Imd. Eff. May 10, 2002.
Section 500.3843 - Health Insurance; Notice; Contents; Applicability of Subsection (1).
Section 500.3847 - Advertising; Filing Copy With Director.
Section 500.3851 - Aggregate Benefits; Rates, Rating Schedules, and Rate Revisions.
Section 500.3852 - Benchmark Ratio.
Section 500.3853 - Refund or Credit Calculation; Form; Interest; Due Date.
Section 500.3857 - Duties of Insurer; Certification of Compliance With Subsection (1)(a).
Section 500.3859 - Prohibited Conduct; Violation as Misdemeanor; Penalty.