Bill

Bill > SB64


HI SB64

HI SB64
Relating To Medicare Supplement Insurance.


summary

Introduced
01/18/2023
In Committee
03/17/2023
Crossed Over
03/07/2023
Passed
Dead
05/03/2024

Introduced Session

2023 Regular Session

Bill Summary

Requires the insurance commissioner to establish an annual enrollment period for medigap insurance plans. Requires issuers of Medigap insurance in the State to accept an eligible individual's application for coverage during the open enrollment period. Prohibits issuers from denying the applicant a Medigap policy or certificate or making any premium rate distinctions due to various reasons, including health status. Requires the insurance commissioner to amend or adopt rules accordingly. Effective 12/31/3000. (HD1)

AI Summary

This bill requires the insurance commissioner to establish an annual open enrollment period for Medicare supplement (Medigap) insurance plans, during which issuers must accept applicants or allow enrollees to switch plans, regardless of their health status, claims experience, or medical condition. The bill also prohibits Medigap insurers from denying coverage or making premium rate distinctions based on these factors. The insurance commissioner is required to amend or adopt rules to implement these changes, which will take effect on December 31, 3000.

Committee Categories

Business and Industry, Health and Social Services

Sponsors (6)

Last Action

Carried over to 2024 Regular Session. (on 12/11/2023)

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