Disclosure of usual, customary, and reasonable limitation provision required

Any insurer that is subject to § 58-33A-1 offering to provide health benefits in this state through a policy, contract, or certificate that contains a provision limiting coverage to usual, customary, or reasonable charges shall provide prominent disclosure that the policy, certificate, or contract contains a usual, customary, and reasonable limitation and that this limitation may cause the insured to incur additional out - of - pocket expenses. An insurer may comply with this section by including the required disclosure in an outline of coverage.

Source: SL 2000, ch 251, § 1.