Bill > HB24

This bill amends Ohio law to require that Medigap (Medicare supplement) insurance policies be made available to individuals under 65 who are eligible for Medicare due to disability or end-stage renal disease. Specifically, insurers who offer Medigap policies to people 65 and older must now offer the same coverage to younger Medicare beneficiaries, starting January 1st following the bill's effective date. The bill mandates that premiums for younger Medicare beneficiaries cannot be higher than those for people 65 and older, and policies cannot exclude or limit benefits for pre-existing conditions. The legislation provides an initial open enrollment period from January 1st to July 1st for individuals under 65 to acquire these policies, and establishes an annual 60-day window for existing policyholders to switch to a similar policy from a different insurer. The bill also gives the state insurance superintendent authority to create rules and standards for these Medicare supplement policies, including provisions for policy renewals, eligibility, claims payment, and marketing practices. Additionally, the bill allows the superintendent to impose penalties on insurers who do not comply with these new requirements, such as prohibiting them from marketing certain policies in the state.

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https://www.legislature.ohio.gov/legislation/136/hb24