When must an agent deliver the Outline of Coverage to a Medicare Supplement applicant?

In the context of Medicare Supplement plans, it is required that an agent delivers the Outline of Coverage to a Medicare Supplement applicant at the time of application. This practice ensures that the applicant receives all necessary information regarding the benefits and limitations of the Medicare Supplement plan they are considering before they make a decision or sign any documents.

Providing this information upfront is vital as it allows the applicant to fully understand what coverage they are purchasing, thus enabling them to make an informed choice. The Outline of Coverage outlines essential details such as benefits, exclusions, and conditions, ensuring transparency in the insurance process. By ensuring that this information is provided at the time of application, the law protects consumers and promotes informed decision-making regarding their healthcare coverage.