58-17-78 Required disclosure when offering individual health benefit plan.
Required disclosure when offering individual health benefit plan.
with the offering for sale of any individual health benefit plan to a person, a carrier shall make a
reasonable disclosure, as part of its solicitation and sales materials, of:
The extent to which premium rates for a specified person are established or adjusted based
upon age and gender;
The provisions of the individual health benefit plan concerning the carrier's right to
change premium rates and the factors that affect changes in premium rates;
The provisions relating to renewability of policies and contracts; and
The provisions relating to any preexisting condition provision.
SL 1996, ch 286, § 13.