Filings Made Easy for Life, Health and Licensing

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(No Transcript)
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Filings Made Easy for Life, Health and Licensing
Advertising in Texas in the 21st Century
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AGENDA

• Whats NOT New
• What Is New
• Activity - Think like a Regulator
• Changes on the Horizon
• Resources Contact Information
• Questions and Answers

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WHATS NOT NEW

• What is an advertisement 21.102(1)
• What is not an advertisement 21.102(2)
• Products for which advertising material must be
  filed 21.120(e)

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WHAT IS NEW

• Filing for Review
• Form number of each form submitted 21.120(a)(1)
• Type of advertisement 21.120(a)(2)
• Policy/rider form numbers 21.120(a)(3)

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WHAT IS NEW

• Filing for Review
• Method or media dissemination 21.102(a)(4)
• Form number(s) for other material used with forms
  submitted 21.102(a)(5)
• Explanation of variable material 21.102(a)(6)

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WHAT IS NEW

• Filing for Review
• Substantially similar ads 21.120(d)
• Model transmittal form available for voluntary
  use
• Required information
• Resubmission details
• Certifications, e.g., statistics, endorsements,
  etc.

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WHAT IS NEW

• Definition of
• Institutional advertisement 21.102(6)
• Invitation to inquire 21.102(7)
• Invitation to contract 21.102(8)
• Agent 21.102(5)
• Policy 21.102(3)

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WHAT IS NEW

• Identification of Policy or Insurer
• Full licensed name of insurer 21.104(a)(1)
• Full licensed name of agent 21.104(a)(2)
• Identification of product 21.104(d)
• Multiple insurers 21.104(i)

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WHAT IS NEW

• Premiums
• Referencing optional benefits 21.106(c)
• Referencing specific premiums 21.106(d)
• Rate change prior to renewal 21.106(f)

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WHAT IS NEW

• Use of Statistics and Citations
• Publication name and date 21.108(b)
• No more than five years old, or
• Certification
• Average cost 21.108(c)

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WHAT IS NEW

• Unlawful Inducement
• Health-related services 21.109(a)(2)(A)
• Health-related information 21.109(a)(2)(B)
• Separate charge for additional services
  21.109(a)(1)

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WHAT IS NEW

• Unlawful Inducement
• Required disclosures 21.109(a)(3)
• Not a part of the policy
• May be discontinued at any time
• Subject to geographic availability, if applicable
• Incentive to inquire 21.109(c)

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WHAT IS NEW

• Accident and Health Ads
• Insurance/HMO Plan 21.113(c)(3)
• Medicare-related ad disclosure 21.113(d)(11)
• Important Notices 21.113(d)(13)

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WHAT IS NEW

• Accident and Health Ads
• Pre-existing conditions 21.113(f)(1)(2)
• Guaranteed Renewable 21.113(g)(2)
• Medicare supplement open enrollment
  21.113(k)(3)(C)

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WHAT IS NEW

• Internet Disclosures Via Links
• Full name 21.104(a)
• Multiple insurers 21.104(i)
• Statistics and citations 21.108(c)

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WHAT IS NEW

• Internet Disclosures Via Links
• Rules pertaining specifically to AH, Health and
  HMO 21.113(b)(2) (4) (c)(1), (d)(1) (f)
• Rules Pertaining Specifically to Life Annuity
  21.114(1)(A)

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WHAT IS NEW

• Lead Solicitations
• Responsible for content generated from lead
  solicitation 21.121(a)
• Disclosures regarding insurer/agent contacts
  21.121(b)
• Insurance Sales Presentation disclosure
  21.121(c)

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ACTIVITY

• Think like a Regulator

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Changes on the Horizon

• Medicare supplement rules
• Chapter 3, Subchapter T, 3.3313
• Long-term care rules
• Chapter 3, Subchapter Y, 3.3838
• Viatical and life settlement rules
• Chapter 3, Subchapter R, 3.1707
• Accelerated benefit rules
• Chapter 3, Subchapter CC, 3.4313

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RESOURCES
2007 Rule Adoption http//www.tdi.state.tx.us/reu
les/2007/documents/21.102-21.122.pdf Transmittal
Form Workbook http//www.tdi.state.tx.us/company
/advtable.html Compliance Workshop
Materials http//www.tdi.state.tx.us/consumer/ind
workshops.html
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CONTACT US
Phone [phone] Fax [phone] E-mail
advertising_at_tdi.state.tx.us
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QUESTIONS AND ANSWERS