Bill

Bill > S2030


NJ S2030

Requires certain issuance standards and open enrollment for Medicare supplement policies.


summary

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

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill requires certain issuance standards for Medicare supplement policies, and provides that those policies must have a continuous open enrollment period. Specifically, the bill prohibits issuers of Medicare supplement policies from denying or conditioning the issuance or effectiveness of a policy or discriminating in the pricing of a policy because of the health status, claims experience, receipt of health care, or medical condition of an applicant. The bill also requires applicants to be accepted at all times throughout the year for any Medicare supplement policies available from an issuer. The requirements of the bill are applicable to applicants enrolled in Medicare whether enrolled by reason of age or by reason of disability.

AI Summary

This bill requires certain issuance standards for Medicare supplement policies, and provides that those policies must have a continuous open enrollment period. Specifically, it prohibits insurance companies from denying or conditioning the issuance or pricing of Medicare supplement policies based on an applicant's health status, claims experience, healthcare use, or medical condition. The bill also requires insurance companies to accept applicants for any available Medicare supplement policies at all times throughout the year, regardless of whether the applicant is enrolled in Medicare due to age or disability.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Commerce Committee (on 01/09/2024)

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