Bill > HB294

This bill enacts a new law, R.S. 22:1112, to provide for the guaranteed issue of Medicare supplement policies in Louisiana. The key provisions are: 1. It establishes an annual open enrollment period of 63 days around a policyholder's birthday, during which they can purchase any Medicare supplement policy offered by the same insurer without being denied or charged more due to health status or other factors. 2. It also provides a 63-day open enrollment period for individuals who become eligible for Medicare but previously had employer-based health insurance, allowing them to purchase any Medicare supplement policy without being denied or charged more based on their health. 3. The bill requires insurers to provide notice to policyholders about the annual open enrollment period at the time of policy application. The goal of the bill is to ensure that Medicare beneficiaries in Louisiana have access to Medicare supplement policies and are protected from being denied coverage or charged higher premiums due to their health status.