Each health maintenance organization application or offer of enrollment shall contain or be accompanied by, and each form of health maintenance organization subscriber contract shall contain, a full and clear statement of:

(1) The items specified in § 19-714 of this subtitle;

(2) The rate of periodic payment;

(3) When the coverage is effective and what restrictions, if any, apply to preexisting conditions;

(4) All standards for cancellation of enrollment or denial of reenrollment; and

(5) Service priorities, if any, in epidemic or other emergency or catastrophic conditions that may cause an unusually high demand for medical services.