When must an insurer amend a health insurance policy that conflicts with Vermont law?

The correct answer is the requirement that an insurer must amend a health insurance policy that conflicts with Vermont law within 30 days of discovery. This timeframe ensures that the insurer takes prompt action to bring the policy into compliance with state regulations, fostering consumer protection and maintaining the integrity of the insurance market.

The 30-day requirement is significant because it balances the need for compliance with practical business operations, allowing insurers adequate time to make necessary amendments without undue delay. This prompt amendment is crucial, as any outstanding conflicts could lead to confusion or issues for policyholders relying on the coverage provided.

While there may be other timeframes for different actions or protocols within the insurance process, such as renewal periods or termination processes, they do not address the immediate need for compliance upon discovery of a conflict with the law.