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Code of Colorado Regulations eDocket
Official Publication of the State Administrative Rules (24-4-103(11) C.R.S.)

Details of Tracking Number   2018-00137


CCR details

Tracking Number 2018-00137
Type of Filing Permanent Rule
Department 700 Department of Regulatory Agencies
Agency 702 Division of Insurance
CCR Number 3 CCR 702-4 Series 4-3
CCR Title LIFE, ACCIDENT AND HEALTH, Series 4-3

Proposed rule

Notice Filed with SOS 03/30/2018
Rule ProposedRuleAttach2018-00137.doc
Statutory Authority 10-1-109 and 10-3-1110, C.R.S.
Description of Subjects/Issues 4-3-2 ADVERTISEMENTS OF MEDICARE SUPPLEMENT INSURANCE - The purpose of this regulation is to establish minimum criteria to assure prospective purchasers have clear and unambiguous statements; to assure the clear and truthful disclosure of the benefits, limitations and exclusions of policies sold as Medicare supplemental insurance. Also, to recognize the difference between a Medicare supplement advertisement that is unfair, deceptive or misleading and an advertisement which is accurate and descriptive to the public, no matter how the advertising is presented, i.e. web based, print material or by an insurance producer, etc.
Purpose/Objective of Rule The purpose of this regulation is to establish minimum criteria to assure prospective purchasers have clear and unambiguous statements; to assure the clear and truthful disclosure of the benefits, limitations and exclusions of policies sold as Medicare supplemental insurance. Also, to recognize the difference between a Medicare supplement advertisement that is unfair, deceptive or misleading and an advertisement which is accurate and descriptive to the public, no matter how the advertising is presented, i.e. web based, print material or by an insurance producer, etc.
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation? No
Hearing Date 05/01/2018
Hearing Time 10:00 AM
Hearing Location 1560 Broadway, Ste 110 D, Denver CO 80202
Contact Name Christine Gonzales-Ferrer
Contact Title Rulemaking Coordinator
Contact Telephone 303-894-2157
Contact email christine.gonzales-ferrer@state.co.us

Adopted rule

Adopted Rules AdoptedRules02018-00137.doc
Redline Redline2018-00137.doc
Adopted Date 05/10/2018
AGO requested date 05/11/2018
Attorney General Opinion 05/18/2018
Colorado Register publication date 06/10/2018
Effective Date 07/01/2018
Inserted into CCR 07/25/2018
  
  
  
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