1. (a) Each Medicare supplement policy or certificate shall have prominently printed on the first page of the policy or certificate or attached to it, a notice that states that the applicant may:

   1. (1) return the Medicare supplement policy or certificate within 30 days after its delivery; and
   2. (2) receive a refund of the premium if after examination of the Medicare supplement policy or certificate, the applicant is not satisfied for any reason.
2. (b) The carrier shall pay a refund made under this section directly to the applicant in a timely manner.

Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997.

Formerly Art. 48A, § 468CB.