A. Every issuer of medicare supplement insurance policies or certificates in this state shall provide a copy of any medicare supplement advertisement intended for use in this state, whether through written, radio or television medium, to the superintendent for review and approval. The advertisement shall comply with all applicable laws of this state.
B. Persons who market medicare supplement insurance policies or certificates in this state shall not advertise any policies or certificates unless:
(1) the issuer of the policy or certificate has provided the superintendent with a copy of the advertisement; and
(2) the superintendent has reviewed and approved the advertisement.