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Bill > SB646


NH SB646

Relative to Medicare supplemental insurance.


summary

Introduced
01/14/2020
In Committee
03/02/2020
Crossed Over
03/02/2020
Passed
Dead
06/30/2020

Introduced Session

2020 Regular Session

Bill Summary

Relative to Medicare supplemental insurance.

AI Summary

This bill aims to address two key provisions related to Medicare supplemental insurance. Firstly, it prohibits insurers from charging Medicare-eligible disabled members a premium greater than the premium for those over the age of 65, once the disabled member reaches 65 years old. Secondly, the bill requires insurers to offer each covered member the opportunity to purchase any Medicare supplement policy offered by the insurer, without medical underwriting, during the member's birth month, regardless of whether the alternative policy has comparable or lesser benefits. The insurer must notify the member at least 90 days prior to this opportunity, and the change in coverage must take effect within 60 days of the member's notification. The bill is set to take effect on January 1, 2021.

Committee Categories

Business and Industry, Health and Social Services

Sponsors (12)

Last Action

Died on Table (on 09/23/2020)

bill text


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