Section 304.18-120 - Minimum benefits under converted policy(1) A converted policy issued pursuant to the conversion privilege contained in a group policy providing hospital or surgical expense insurance shall not impose a lifetime maximum benefit of less than five hundred thousand dollars ($500,000).(2) The commissioner by administrative regulation shall establish minimum benefits for a converted policy issued pursuant to the conversion privilege contained in a group health policy.Effective:7/15/2010
Amended 2010, Ky. Acts ch. 24, sec. 1297, effective7/15/2010. --Amended 2000, Ky. Acts ch. 521, sec. 4, effective 7/14/2000. -- Amended 1986 Ky. Acts ch. 163, sec. 2, effective 7/15/1986. -- Amended 1984 Ky. Acts ch. 322, sec. 12, effective 7/13/1984. -- Created 1974 Ky. Acts ch. 195, sec. 2, effective 1/1/1975.