Vermont § 4048c - Notice of termination

§ 4048c. Notice of termination

• (a) A notice of termination of a health insurer’s group health insurance policy or subscriber
  contract shall: (1) request the group policyholder or other entity involved to notify employees or members
  covered under the policy or subscriber contract of the date of termination of the
  policy or contract and to advise the employees or members that, unless otherwise provided
  in the policy or contract, the health insurer shall not be liable for claims for losses
  incurred after such date; and (2) advise, in any instance in which the plan involves employee contributions, that if
  the policyholder or other entity continues to collect contributions for the coverage
  beyond the date of termination, the policyholder or other entity may be held solely
  liable for the benefits with respect to which the contributions have been collected. (b) The health insurer giving notice of termination shall prepare and furnish to the policyholder
  or other entity at the time of notice a supply of a notice form to be distributed
  to covered employees or members. The form shall state the fact of termination and
  the effective date of termination. The form shall contain a statement directing employees
  or members to refer to their certificates or contracts in order to determine their
  rights. (Recodified and amended 2025, No. 11, § 2, eff. September 1, 2025.)