2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 514E - IOWA COMPREHENSIVE HEALTH INSURANCE ASSOCIATION
514E.8 - POLICIES -- RENEWAL PROVISIONS -- ELECTION TO CONTINUE COVERAGE UPON DEATH OF POLICYHOLDER.

        514E.8  POLICIES -- RENEWAL PROVISIONS -- ELECTION TO
      CONTINUE COVERAGE UPON DEATH OF POLICYHOLDER.
         1.  An association policy shall contain provisions under which the
      association is obligated to renew the coverage for an individual
      until the day the individual becomes eligible for Medicare coverage
      based on age, provided that any individual who is covered by an
      association policy and is eligible for Medicare coverage based on age
      prior to January 1, 2005, may continue to renew the coverage under
      the association policy.
         2.  The association shall not change the rates for association
      policies except on a class basis with a clear disclosure in the
      policy of the association's right to do so.
         3.  An association policy shall provide that upon the death of the
      individual in whose name the policy is issued, every other individual
      then covered under the contract may elect, within a period specified
      in the policy, to continue coverage under the same or a different
      policy until such time as the person would have ceased to be entitled
      to coverage had the individual in whose name the policy was issued
      lived.  

         Section History: Recent Form

         86 Acts, ch 1156, § 8; 2004 Acts, ch 1110, §50; 2004 Acts, ch
      1158, §18; 2005 Acts, ch 70, §18, 51; 2006 Acts, ch 1030, §84 

         Footnotes

         2005 amendment to subsection 1 applies retroactively to July 1,
      2004; 2005 Acts, ch 70, §51; 2006 Acts, ch 1030, §84