This bill amends the Michigan Insurance Code of 1956, specifically section 3829, to enhance protections for applicants seeking Medicare supplement policies. It prohibits insurers from denying or conditioning the issuance of these policies based on the applicant's health status, claims experience, or medical condition, provided certain conditions are met. These conditions include submitting an application during a specified six-month period after enrolling in Medicare Part B, or if the applicant is a non-age-eligible individual, during a similar timeframe after their enrollment. Additionally, the bill ensures that all Medicare supplement policies must be available to qualifying applicants without regard to age.

The bill also stipulates that insurers must not charge higher premiums to non-age-eligible applicants compared to those who are 65 years or older, and it eliminates waiting periods or preexisting condition limitations for these policies. Furthermore, it clarifies that if an applicant has had a continuous period of creditable coverage, insurers cannot exclude benefits based on preexisting conditions. The language of the bill includes several insertions that define eligibility criteria and requirements for insurers, while also removing outdated provisions related to coverage exclusions.

Statutes affected:
Senate Introduced Bill: 500.3829