403.235—Review and certification of policies.
(a)
CMS will review policies that the insuring organization voluntarily submits, except that CMS will not review a policy issued in a State with an approved regulatory program under § 403.222.
(b)
If the requirements specified in § 403.232 are met, CMS will—
(1)
Certify the policy; and
(2)
Authorize the insuring organization to display the emblem on the policy, as provided for in § 403.231.
(c)
If CMS certifies a policy, it will inform all State Commissioners and Superintendents of Insurance of that fact.