Ohio § 3923.334

§ 3923.334.

(A) In order to provide for full and fair disclosure in the sale of medicare supplement

policies, no medicare supplement policy or certificate shall be delivered in this

state, unless an outline of coverage is delivered to the applicant at the time application

is made. (B) The superintendent of insurance shall prescribe the format and content of the outline

of coverage required by division (A) of this section.  For purposes of this section, “ format ” means style, arrangements and overall appearance, including such items as the size,

color and prominence of type, and arrangement of text and captions.  The outline of coverage shall include: (1) A description of the principal benefits and coverage provided in the policy; (2) A statement of the renewal provisions, including any reservation by the issuer of

a right to change premiums, and disclosure of the existence of any automatic renewal

premium increases based on the age of the policyholder or certificate holder; (3) A statement that the outline of coverage is a summary of the policy issued or applied

for and that the policy should be consulted to determine governing contractual provisions. (C) The superintendent may prescribe by rule a standard form and the contents of an informational

brochure for persons eligible for medicare, which is intended to improve the buyer's

ability to select the most appropriate coverage and improve the buyer's understanding

of medicare.  Except in the case of direct response insurance policies, the superintendent may

require by rule that the informational brochure be provided to any prospective insureds

eligible for medicare concurrently with delivery of the outline of coverage.  With respect to direct response insurance policies, the superintendent may require

by rule that the prescribed brochure be provided upon request to any prospective insureds

eligible for medicare, but in no event later than the time of policy delivery. (D) The superintendent may adopt rules for captions or notice requirements, determined

to be in the public interest and designed to inform prospective insureds that particular

insurance coverages are not medicare supplement coverages, for all sickness and accident

insurance policies and subscriber contracts sold to persons eligible for medicare,

other than: (1) Medicare supplement policies;  or (2) Disability income policies. (E) The superintendent may adopt reasonable rules to govern the full and fair disclosure

of information in connection with the replacement of sickness and accident insurance

policies, subscriber contracts, or certificates by persons eligible for medicare.