Under New York's Medicare supplement replacement rules, which warning must the required notice regarding replacement of coverage convey to the applicant?

Why C is correct

Under New York's Medicare supplement replacement rules, the required notice regarding replacement of coverage must warn the applicant not to cancel existing coverage until the new policy has actually been received and the applicant is sure it should be kept. The notice also explains that preexisting conditions may not be immediately or fully covered under the new policy. This warning prevents seniors from being left uninsured between the cancellation of the old policy and the acceptance of the new one.

Why the other options are wrong

• A) Immediate cancellation is precisely what the notice warns against; the applicant should keep existing coverage until the new policy is received and accepted.
• B) The notice does not promise immediate preexisting condition coverage; it warns that such conditions may not be immediately or fully covered under the new policy.
• D) Replacement is not prohibited in New York; it is regulated through required notices and consumer warnings.

Memory hook

Don't dump the old policy until the new one is in hand.