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The marketing of Medicare supplement is regulated to prevent all the following except:

A. Sale of excessive insurance

B. Replacement of any existing coverage

C. An accurate policy provision

D. Failure to display notice of limitations to the buyer

1 Answer

2 votes

Final answer:

Marketing regulations for Medicare supplement insurance aim to eliminate unethical practices, but they do support the provision of accurate policy information to consumers.

Step-by-step explanation:

The marketing of Medicare supplement insurance is carefully regulated to prevent unethical practices such as selling excessive insurance, replacing existing coverage without justification, and failing to inform the buyer about limitations. However, these regulations do not attempt to prevent an accurate policy provision. Accurate policy provisions are in fact encouraged to ensure that consumers are fully informed about what they are purchasing and have the correct protections as mandated by federal regulations.

A. Sale of excessive insurance: Regulations aim to prevent the sale of excessive or unnecessary insurance coverage.

B. Replacement of any existing coverage: Regulations are in place to prevent the replacement of existing coverage without proper consideration of the individual's needs and circumstances.

D. Failure to display notice of limitations to the buyer: Regulations require the display of notices that inform buyers about the limitations of the insurance coverage to ensure transparency and informed decision-making.

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