Section 16-12-1 - PurposesThe purposes of this chapter are:
(1) To provide for the reasonable standardization of coverage and simplification of terms and benefits of Medicare supplement policies;(2) To facilitate public understanding and comparison of the policies;(3) To eliminate provisions contained in the policies which may be misleading or confusing in connection with the purchase of the policies or with the settlement of claims; and(4) To provide for full disclosures in the sale of accident and sickness insurance coverages to persons eligible for Medicare.[Eff 5/17/82; comp 10/28/89; comp 12/27/90; am and comp 9/3/92; comp 7/6/99; comp 10/15/01; comp 12/9/02; comp 10/8/05; comp 9/25/09] (Auth: HRS §§ 431:2-201, 431:10A-304, 431:10A-305) (Imp: HRS §§ 431:2-201, 431:10A-304, 431:10A-305, 431:10A-306, 431:10A-309)