Bill > SB347

This bill authorizes the Insurance Commissioner to implement a legislative rule regarding Medicare Supplement Insurance, specifically codifying rule 114 CSR 24, which was filed in the State Register on March 13, 2024, under the authority of §33-28-5b of the West Virginia code. Medicare Supplement Insurance (also known as Medigap) is a type of private health insurance that helps cover some of the healthcare costs not paid by Original Medicare, such as copayments, coinsurance, and deductibles. By formally authorizing this rule, the Legislature is giving official approval to the specific regulatory details that will govern how Medicare Supplement Insurance is administered in West Virginia, ensuring that the rule meets legislative standards and provides clear guidelines for insurers and consumers.

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http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=347&year=2025&sessiontype=RS&btype=bill