summary
Introduced
02/09/2021
02/09/2021
In Committee
05/20/2021
05/20/2021
Crossed Over
05/06/2021
05/06/2021
Passed
05/27/2021
05/27/2021
Dead
Signed/Enacted/Adopted
07/23/2021
07/23/2021
Introduced Session
102nd General Assembly
Bill Summary
Amends the Illinois Insurance Code. Provides that a Medicare supplement policyholder is entitled to an annual open enrollment period lasting 60 days or more, commencing with the individual's birthday, during which time that person may purchase any Medicare supplement policy that offers benefits equal to or lesser than those provided by the previous coverage. Provides that, during the open enrollment period, an issuer of a Medicare supplement policy shall not deny or condition the issuance or effectiveness of Medicare supplemental coverage, nor discriminate in the pricing of coverage, because of health status, claims experience, receipt of health care, or a medical condition of the individual if, at the time of the open enrollment period, the individual is covered under another Medicare supplement policy or contract. Requires an issuer to notify a policyholder of his or her rights under this subsection at least 30 days and no more than 60 days before the beginning of the open enrollment period, and on any notice related to a benefit modification or premium adjustment.
AI Summary
This bill amends the Illinois Insurance Code to provide that a Medicare supplement policyholder who is at least 65 years of age but no more than 75 years of age is entitled to an annual 45-day open enrollment period commencing on their birthday. During this period, the policyholder may purchase any Medicare supplement policy from the same issuer that offers benefits equal to or less than their previous coverage. The bill prohibits insurers from denying, conditioning, or discriminating in the pricing of this supplemental coverage based on the individual's health status, claims experience, receipt of healthcare, or medical condition. The bill also requires insurers to provide notice of this annual open enrollment period to eligible policyholders.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Public Act . . . . . . . . . 102-0142 (on 07/23/2021)
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