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IA HF462

IA HF462
A bill for an act relating to Medicare supplement policies and an annual open enrollment period. (Formerly HF 228.)


summary

Introduced
02/27/2023
In Committee
03/28/2023
Crossed Over
03/21/2023
Passed
Dead
04/16/2024

Introduced Session

90th General Assembly

Bill Summary

An Act relating to Medicare supplement policies and an annual open enrollment period.

AI Summary

This bill establishes a new annual 31-day open enrollment period for Medicare supplement insurance policies starting on March 1, 2024. During this open enrollment period, insurers will be prohibited from denying coverage, subjecting applicants to medical underwriting, or imposing pre-existing condition exclusions. The bill defines key terms related to Medicare supplement insurance, such as "applicant," "certificate," "issuer," and "Medicare supplement policy." Insurers are also required to provide notice of the annual open enrollment period to applicants when they apply for a policy.

Committee Categories

Business and Industry, Health and Social Services

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Commerce (H)

Last Action

Subcommittee recommends passage. []. (on 01/24/2024)

bill text


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