A-29.01 - Act respecting prescription drug insurance

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47. No insurer or administrator of an employee benefit plan may cancel a contract or the prescription drug insurance component of a plan, with regard to the basic plan coverage, unless the policy-holder or the member fails to pay the premium or assessment. In such a case, the cancellation may not take effect until 30 days have elapsed since the date on which the insurer or administrator sent a notice of intent to the last known address of the policy-holder or member. A copy of the notice must be sent to the Board.
1996, c. 32, s. 47; 2005, c. 40, s. 30; 2005, c. 40, s. 16.
47. No insurer may cancel a contract, with regard to the basic plan coverage, unless the policy-holder or the member fails to pay the premium or assessment. In such a case, the cancellation may not take effect until 30 days have elapsed since the date on which the insurer sent a notice of intent to the last known address of the policy-holder or member.
1996, c. 32, s. 47; 2005, c. 40, s. 30.
47. No insurer may cancel a contract, with regard to the basic plan coverage, unless the policy-holder or the plan member fails to pay the premium or assessment. In such a case, the cancellation may not take effect until 30 days have elapsed since the date on which the insurer sent a notice of intent to the last known address of the policy-holder or plan member.
1996, c. 32, s. 47.