summary
Introduced
01/11/2024
01/11/2024
In Committee
01/11/2024
01/11/2024
Crossed Over
Passed
Dead
05/09/2024
05/09/2024
Introduced Session
125th General Assembly
Bill Summary
A bill TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 38-71-180 SO AS TO PROVIDE STANDARDS FOR POLICY PROVISIONS OF MEDICARE SUPPLEMENT POLICIES AND CERTIFICATES IN THIS STATE.
AI Summary
This bill adds a new section to the South Carolina Code of Laws to provide standards for policy provisions of Medicare supplement policies and certificates in the state. The key provisions include: prohibiting Medicare supplement policies from containing benefits that duplicate those provided by Medicare; requiring the Director of the Department of Insurance to adopt regulations to establish standards for various policy provisions, such as renewability, eligibility, and benefit limitations; allowing the Director to adopt regulations to conform Medicare supplement policies to federal law; and requiring insurers to offer Medicare supplement Plan A policies to applicants under age 65 who are eligible for Medicare due to a disability or end-stage renal disease, as well as guaranteeing issue rights during an annual enrollment period for individuals enrolled in Medicare Parts A and B, regardless of age.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred to Committee on Banking and Insurance (on 01/11/2024)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.scstatehouse.gov/billsearch.php?billnumbers=0952&session=125&summary=B |
| BillText | https://www.scstatehouse.gov/sess125_2023-2024/prever/952_20240111.htm |
Loading...