Maryland § 18-103

§ 18-103.

    (a)    A carrier may not advertise, market, or offer a policy, contract, or certificate in the State as long-term care insurance or long-term nursing home insurance unless the policy or contract complies with this title.

    (b)    (1)    Before a carrier advertises, on television or radio or in writing, a policy or contract of long-term care insurance or long-term nursing home insurance that is offered for sale in the State, the carrier shall submit a copy of the advertisement to the Commissioner for review.

        (2)    The carrier shall retain each advertisement for 3 years after the date the advertisement first was used.

        (3)    The Commissioner may exempt a carrier or a carrier’s advertising form or material from the requirements of this section if in the opinion of the Commissioner the requirements may not reasonably be applied.

    (c)    A carrier that markets long-term care insurance in the State shall:

        (1)    establish marketing procedures to ensure that any comparison of policies by insurance producers of the carrier will be fair and accurate;

        (2)    establish marketing procedures to prevent the sale or issuance of excessive insurance;

        (3)    establish procedures for verifying compliance with this subsection;

        (4)    provide, to the extent possible, information on any senior citizen counseling program;

        (5)    display prominently on the first page of the outline of coverage and the policy the following:

    “Notice to buyer: This policy may not cover all the costs associated with long-term care incurred by the buyer during the period of coverage. The buyer is advised to review carefully all policy limitations.”; and

        (6)    make every reasonable effort to identify whether a prospective applicant:

            (i)    already has long-term care insurance and, if so, the types and amounts of the long-term care insurance;

            (ii)    had long-term care insurance in force during the last 12 months;

            (iii)    is covered under the medical assistance program; or

            (iv)    intends to replace any existing medical or health insurance coverage with long-term care insurance.

    (d)    An insurance producer who offers or sells policies or contracts of long–term care insurance in the State shall:

        (1)    advise an individual considering the purchase of a long–term care insurance policy or contract about the availability and benefits of a policy that qualifies under the Qualified State Long–Term Care Insurance Partnership established under Title 15, Subtitle 4 of the Health – General Article;

        (2)    provide a disclosure statement, approved by the Commissioner, to each applicant for long–term care insurance about the Qualified State Long–Term Care Insurance Partnership; and

        (3)    make the disclosure statement required under item (2) of this subsection available to the Commissioner for inspection.