Bill > S2030

This bill mandates that insurance companies offering Medicare supplement policies, which are plans that help cover costs not covered by Original Medicare (also known as Medicare Parts A and B), must adhere to specific issuance standards and provide continuous open enrollment. Specifically, insurers are prohibited from denying or placing conditions on the sale of these policies, or charging different prices, based on an applicant's health status, past medical claims, current healthcare needs, or any existing medical conditions. Furthermore, the bill requires that individuals be accepted into any Medicare supplement policy offered by an insurer at any point during the year, regardless of whether they are enrolled in Medicare due to age or disability. While the bill generally prevents the denial of coverage based on pre-existing conditions, it allows for certain limitations as outlined in existing law, with an exception for individuals who are transitioning into a Medicare supplement policy under specific circumstances related to their Medicare enrollment and who provide proof of prior coverage or enrollment dates.

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https://www.njleg.state.nj.us/bill-search/2024/S2030