Sec. 31.11.11.04. Required Notice — Renewal of Coverage

A. At the time of renewal of coverage, a carrier who offers benefits additional to the benefits offered in the Comprehensive Standard Health Benefit Plan shall provide a disclosure statement that:

(1) Indicates that, except as described in §A(4) of this regulation, the Comprehensive Standard Health Benefit Plan is the only plan required by State law;

(2) Identifies any additional benefits offered by the carrier at renewal;

(3) Identifies the cost of any additional benefits offered by the carrier at renewal; and

(4) Specifies that all additional benefits to the Comprehensive Standard Health Benefit Plan are not required by State law, with the exception of the additional benefit for compliance with the federal Mental Health Parity and Addiction Equity Act of 2008 for small employers subject to the federal Mental Health Parity and Addiction Equity Act of 2008.

B. The disclosure statement required by §A of this regulation may be included on the renewal notice or another document.