Current through Register Vol. 50, No. 11, November 20, 2024
Section XIII-506 - Premium Increase RequirementsA. Every insurer issuing or renewing a Medicare supplement policy shall notify the policyholder and each member of an association in writing at least 45 days before any premium increase.B. Medicare supplement policies and certificates shall have a notice prominently printed on the first page of the policy or certificate stating in substance that the policyholder or certificateholder will be notified at least 45 days before any premium increase.La. Admin. Code tit. 37, § XIII-506
Promulgated by the Department of Insurance, Office of the Commissioner, LR 29:2437 (November 2003), repromulgated LR 31:2904 (November 2005), amended LR 35:1115 (June 2009).AUTHORITY NOTE: Promulgated in accordance with R.S. 22:1111 (re-designated from LSA-R.S. 22:224 pursuant to Acts 2008, No. 415, effective January 1, 2009) and 42 U.S.C. 1395 et seq.