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VT S0230

VT S0230
An act relating to Medicare Advantage and Medicare supplemental insurance plans


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
05/10/2024

Introduced Session

2023-2024 Session

Bill Summary

This bill proposes to prohibit the inclusion of Medicare Advantage plans in the health coverage for State employees, limit the advertising and sale of Medicare Advantage plans, and require guaranteed issue of a Medicare supplemental plan under certain circumstances.

AI Summary

This bill proposes several changes related to Medicare Advantage and Medicare supplemental insurance plans in Vermont. It would prohibit the inclusion of Medicare Advantage plans in the health coverage for state employees, limit the advertising and sale of Medicare Advantage plans, and require guaranteed issue of a Medicare supplemental plan under certain circumstances, such as when an individual previously had a Medicare supplemental policy but joined a Medicare Advantage plan. The bill also adds restrictions on insurance agents and brokers regarding the sale and marketing of Medicare Advantage plans.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

Senate Committee on Finance Hearing (00:00:00 2/28/2024 ) (on 02/28/2024)

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