language to be deleted (2) new language
Laws of Minnesota 1991 CHAPTER 43-S.F.No. 6 An act relating to insurance; clarifying policy requirement provisions relating to Medicare supplement insurance plans; amending Minnesota Statutes 1990, section 62A.31, subdivision 1. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: Section 1. Minnesota Statutes 1990, section 62A.31, subdivision 1, is amended to read: Subdivision 1. [POLICY REQUIREMENTS.] No individual or group policy, certificate, subscriber contract or other evidence of accident and health insurance issued or delivered in this state shall be sold or issued to an individual
age 65 or oldercovered by Medicare unless the following requirements are met: (a) The policy must provide a minimum of the coverage set out in subdivision 2; (b) The policy must cover preexisting conditions during the first six months of coverage if the insured was not diagnosed or treated for the particular condition during the 90 days immediately preceding the effective date of coverage; (c) The policy must contain a provision that the plan will not be canceled or nonrenewed on the grounds of the deterioration of health of the insured; (d) Before the policy is sold or issued, an offer of both categories of Medicare supplement insurance has been made to the individual, together with an explanation of both coverages; and (e) An outline of coverage as provided in section 62A.39 must be delivered at the time of application and prior to payment of any premium. Presented to the governor April 29, 1991 Signed by the governor May 1, 1991, 11:43 a.m.