SECTION 590:10-19-12. Calculation of Cost-of-Living Adjustments

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Unless otherwise specified by law, any cost-of-living adjustments to a member's Medicare Gap Benefit shall be calculated based upon the benefit the member is actually receiving at the time of the adjustment. Upon becoming Medicare-eligible, the Post Medicare benefit amounts shall be adjusted to receive the appropriate percentage equivalent of the cost-of-living adjustments granted during the Pre-Medicare Benefit payment period.

[Source: Added at 22 Ok Reg 1354, eff 5-26-05]

                    
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