§33-16A-8. Preexisting conditions; reduction of benefits.
The converted policy shall not exclude a preexisting
condition not excluded by the group policy. However, the
converted policy may provide that any hospital, surgical or
medical benefits payable thereunder may be reduced by the amount
of any such benefits payable under the group policy after the
termination of the individual's insurance thereunder. The
converted policy may also include provisions so that during the
first policy year the benefits payable under the converted
policy, together with the benefits payable under the group
policy, shall not exceed those that would have been payable had
the individual's insurance under the group policy remained in
force and effect.