The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 8 V.S.A. § 4514)
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§ 4514. Required contract provisions
A contract entered into by a hospital service corporation shall be in writing, one
copy of which shall be furnished to the subscriber, and shall contain the following
provisions:
(1) A statement of the amount payable to the corporation by the subscriber and the times
at which and manner in which such amount is to be paid.
(2) A statement of the nature of the services to be furnished and the period during which
they will be furnished and, if there are any services to be excepted, a detailed statement
of the exceptions printed as specified in section 4515 of this chapter.
(3) A statement of the terms and conditions, if any, upon which the contract may be canceled
or otherwise terminated at the option of either party.
(4) A statement that the contract includes the endorsements thereon and attached papers,
if any, and contains the entire contract for services.
(5) A statement that no representation by the subscriber in an application for a contract
shall avoid the contract or be used in any legal proceeding under the contract, unless
the application or an exact copy of the application is included in or attached to
the contract, and that no agent or representative of the corporation, other than an
officer designated in the contract, is authorized to change the contract or waive
any of its provisions.
(6) A statement that if the subscriber defaults in making any payment under the contract,
the subsequent acceptance of a payment by the corporation or by any of its duly authorized
agents shall reinstate the contract, but, with respect to sickness and injury, only
to cover such sickness as may be first manifested more than 10 days after the date
of such acceptance.
(7) A statement of the period of grace that will be allowed the subscriber for making
any payment due under the contract. The grace period shall be not less than 10 days. (Amended 2021, No. 105 (Adj. Sess.), § 207, eff. July 1, 2022.)