Missouri § 376.1508 - Processing fee — cancellation of membership, effect of.
Full text of Missouri Revised Statutes of Missouri § 376.1508 — Processing fee — cancellation of membership, effect of., with citation guidance and answers to common questions.
§ 376.1508. Processing fee — cancellation of membership, effect of.
1. A discount medical plan organization may charge a reasonable one-time processing fee and a periodic charge as long as the fee is disclosed to the applicant.
2. If the member cancels the membership within the first thirty days after receipt of the discount card and other membership materials, the member shall receive a reimbursement of all periodic charges paid. The return of all periodic charges shall be made within thirty days of the date of the cancellation. If all of the periodic charges have not been paid within thirty days, interest shall be assessed and paid on the proceeds at a rate of the treasury bill rate of the preceding calendar year, plus two percentage points.
3. The right of cancellation shall be set out in the written membership materials on the first page, in ten-point type or larger.
4. If a discount medical plan organization cancels a membership for any reason other than nonpayment of charges by the member, the discount medical plan organization shall make a pro rata reimbursement of all periodic charges to the member.
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(L. 2007 H.B. 818 merged with S.B. 66)
Effective 8-28-07 (S.B. 66); 1-01-08 (H.B. 818)
---- end of effective 28 Aug 2007 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 376.1508
What does Revised Statutes of Missouri § 376.1508 cover?
Section 376.1508 ("Processing fee — cancellation of membership, effect of.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 376.1508?
A common citation format is "Revised Statutes of Missouri § 376.1508" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 376.1508 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.