The purpose of this part is to:

1. (1) Provide for the reasonable standardization of coverage and simplification of terms and benefits of Medicare supplement policies;
2. (2) Facilitate public understanding and comparison of such policies;
3. (3) Eliminate provisions contained in such policies that may be misleading or confusing in connection with the purchase of such policies or with the settlement of claims; and
4. (4) Provide for full disclosures in the sale of accident and health insurance coverages to persons eligible for Medicare.