Bill

Bill > HB2100


VA HB2100

VA HB2100
Medicare supplement policies; annual open enrollment period, individual Medicare policies, etc.


summary

Introduced
01/07/2025
In Committee
02/10/2025
Crossed Over
02/03/2025
Passed
02/18/2025
Dead
Signed/Enacted/Adopted
03/24/2025

Introduced Session

2025 Regular Session

Bill Summary

Medicare supplement policies; annual open enrollment period. Requires an insurer, health services plan, or health maintenance organization issuing individual Medicare supplement policies or certificates in the Commonwealth to offer to an individual currently insured under any such policy an annual open enrollment period commencing on the day of the individual's birthday and remaining open for at least 60 days thereafter, during which time the individual may purchase any Medicare supplement policy made available by any insurer in the Commonwealth that offers the same benefits as those provided by the current coverage. The bill also requires such insurer, health services plan, or health maintenance organization to notify, at least 15 days but not more than 30 days prior to the commencement of such annual open enrollment period, each individual to whom such open enrollment period applies of the dates of that open enrollment period, the rights of the individual during that open enrollment period, and any modification of benefits provided by or adjustment of premiums charged for such Medicare supplement policy. This bill is identical to SB 1199.

AI Summary

This bill establishes an annual open enrollment period for individuals with Medicare supplement insurance policies in Virginia. Specifically, insurers and health plans must offer individuals an annual 60-day enrollment period beginning on the individual's birthday, during which they can purchase a new Medicare supplement policy with the same benefits as their current coverage. During this period, insurers cannot deny, condition, or discriminate in pricing based on the individual's health status, medical history, or condition. The insurance company must notify the individual at least 15 but no more than 30 days before the open enrollment period, informing them of the enrollment dates, their rights during this period, and any changes to benefits or premiums. The bill applies to individual Medicare supplement policies issued through insurers, health services plans, and health maintenance organizations, including those offered through non-employer group trusts or associations. The goal is to provide Medicare supplement policyholders with more flexibility and protection when seeking alternative coverage.

Committee Categories

Business and Industry

Sponsors (4)

Last Action

Acts of Assembly Chapter text (CHAP0530) (on 03/24/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...