The bill amends Section 27-18.2-3 of the General Laws regarding Medicare Supplement Insurance Policies, establishing new standards for policy provisions. It ensures that individuals under the age of sixty-five (65) enrolled in Medicare Parts A and B have guaranteed issue rights for any standardized Medicare Supplement Plan A during a designated month each year, as established by the office of the health insurance commissioner (OHIC). Additionally, it provides that individuals over the age of sixty-five (65) applying for any Medicare supplement plan shall also receive guaranteed issue rights during the same designated month each year.

The issuance of these Medicare supplement policies will not be conditioned on the applicants' medical or health status, and no insurer shall perform individual medical underwriting in connection with the issuance of these policies. The act will take effect upon passage.

Statutes affected:
167: 27-18.2-3