This bill establishes a new section regarding Medicare supplement insurance and introduces an annual open enrollment period for applicants starting January 1, 2026. The open enrollment period will last for thirty-one days, beginning on March 1 each year. The bill defines "applicant" as any individual covered under a Medicare supplement policy, including those under sixty-five who qualify for Medicare due to disability or other specific conditions. It also provides a definition for "issuer" and "Medicare supplement policy."

During the open enrollment period, issuers are prohibited from denying or conditioning the issuance of Medicare supplement policies, subjecting applicants to medical underwriting, or discriminating in pricing based on health status or preexisting conditions. Additionally, issuers must notify applicants about the open enrollment period when they apply for a Medicare supplement policy or certificate. This legislation aims to enhance access to Medicare supplement insurance for eligible individuals.