<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".03" citation="COMAR 31.11.11.03" title_num="31" subtitle_num="11" chapter_num="11" heading="Required Notice — Initial Purchase of Coverage.">
  <paragraph num="A.">
    <text>At the time of the initial purchase of coverage, a carrier who offers benefits additional to the benefits offered in the Comprehensive Standard Health Benefit Plan shall obtain a signed disclosure statement certifying that:</text>
    <paragraph num="(1)">
      <text>The small employer was offered the Standard Comprehensive Health Benefit Plan; and</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Additional benefits were offered and priced separately.</text>
    </paragraph>
  </paragraph>
  <paragraph num="B.">
    <text>The disclosure statement required in §A of this regulation shall be in at least 12-point type and shall read as follows:</text>
  </paragraph>
  <paragraph num="C.">
    <text>The disclosure statement required by §A of this regulation may be included on the carrier's sales proposal sheet.</text>
  </paragraph>
  <paragraph num="D.">
    <text>The carrier or insurance producer shall maintain the signed disclosure statement for not less than 5 years.</text>
  </paragraph>
</regulation>