Wash. Admin. Code § 284-55-095

Current through Register Vol. 24-23, December 1, 2024
Section 284-55-095 - Prohibited compensation for replacement with the same insurer

No insurer shall provide compensation to its agents or other producers which is greater than the renewal compensation which would have been paid on an existing medicare supplement insurance policy if an existing medicare supplement insurance policy is replaced by another such policy where the new benefits are substantially similar to the benefits under the old medicare supplement insurance policy and such old policy was issued by the same insurer or insurer group.

Wash. Admin. Code § 284-55-095

Statutory Authority: RCW 48.02.060(3)(a) and 48.30.010(2). 88-22-061 (Order R 88-9), § 284-55-095, filed 11/1/88.