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Bill > HF3923
MN HF3923
MN HF3923Guaranteed issuance of Medicare supplement policies for enrollees of a Medicare supplement policy that is involuntarily terminated or issued by an insolvent issuer expanded.
summary
Introduced
03/05/2026
03/05/2026
In Committee
03/05/2026
03/05/2026
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to health insurance; expanding guaranteed issuance of Medicare supplement policies for enrollees of a Medicare supplement policy that is involuntarily terminated or issued by an insolvent issuer; amending Minnesota Statutes 2025 Supplement, section 62A.31, subdivision 1u.
AI Summary
This bill expands guaranteed issuance of Medicare supplement policies, which are health insurance plans that help pay for costs not covered by Original Medicare (Medicare Part A and Part B), for individuals whose current Medicare supplement policy is involuntarily terminated or issued by an insolvent issuer, meaning the insurance company goes out of business. Specifically, it amends existing law to ensure that individuals losing coverage due to the insolvency or bankruptcy of their current Medicare supplement policy provider, or due to other involuntary terminations of that policy, are guaranteed the right to enroll in a new Medicare supplement policy. The bill also makes technical changes to clarify which types of Medicare supplement policies are available to individuals in various loss-of-coverage scenarios, and it sets an effective date of January 1, 2027, for these changes.
Committee Categories
Health and Social Services
Sponsors (1)
Last Action
Introduction and first reading, referred to Health Finance and Policy (on 03/05/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/94/2026/0/HF/3923/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/HF/3923/versions/0/pdf/ |
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