<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".03" citation="COMAR 31.11.13.03" title_num="31" subtitle_num="11" chapter_num="13" heading="Required Notice — Limited Benefit Plan.">
  <paragraph num="A.">
    <text>When a carrier offers the Limited Benefit Plan to a small employer qualified under Insurance Article, §15-1209, Annotated Code of Maryland, and the small employer chooses the Limited Benefit Plan, the carrier shall obtain a signed disclosure statement certifying that:</text>
    <paragraph num="(1)">
      <text>The small employer was offered the Limited Benefit Plan; and</text>
    </paragraph>
    <paragraph num="(2)">
      <text>The small employer received notice that more comprehensive coverage is available under the Comprehensive Standard Health Benefit Plan.</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 carrier shall maintain the signed disclosure statement for not less than 5 years.</text>
  </paragraph>
</regulation>