44-3603. Act; applicability.
169 words·~1 min read·
/ne/chapter-44/44-3603A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The Medicare Supplement Insurance Minimum Standards Act shall apply to:
(a)All medicare supplement policies delivered or issued for delivery in this state on or after April 16, 1992; and
(b)All certificates issued under group medicare supplement policies, which certificates have been delivered or issued for delivery in this state.
(2)The act shall not apply to a policy of one or more employers or labor organizations or of the trustees of a fund established by one or more employers or labor organizations, or a combination thereof, for employees or former employees, or a combination thereof, or for members or former members, or a combination thereof, of the labor organizations.
(3)Except as otherwise specifically provided in subsection
(4)of section 44-3607 , the act shall not be intended to prohibit or apply to insurance policies or health care benefit plans, including group conversion policies, provided to medicare eligible persons, which policies or plans are not marketed or held to be medicare supplement policies or benefit plans.