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 who are 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). This provision prohibits the issuance of these policies from being conditioned on the applicants' medical or health status and prohibits individual medical underwriting in connection with the issuance of a policy.

Additionally, the bill provides that individuals over the age of sixty-five applying for any Medicare supplement plan shall also receive guaranteed issue rights for at least one month each calendar year, as established by the OHIC. The issuance of these policies will similarly not be conditioned on the applicants' medical or health status.

The act will take effect upon passage.

Statutes affected:
5431: 27-18.2-3