Bill > SF4020

This bill expands guaranteed issuance of Medicare supplement policies, which are plans that help cover costs not covered by Original Medicare (Medicare Part A and Part B), for individuals whose existing Medicare supplement policy is involuntarily terminated or issued by an insolvent user, meaning an insurance company that has gone out of business. Specifically, it amends existing law to ensure that individuals who lose their Medicare supplement coverage due to circumstances like the insurer's bankruptcy or other involuntary termination are guaranteed the right to enroll in a new Medicare supplement policy. This change is set to take effect on January 1, 2027.

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https://www.revisor.mn.gov/bills/94/2026/0/SF/4020/