The bill H.275 aims to enhance access to Medicare supplement insurance by establishing annual open enrollment periods and ensuring that individuals cannot be penalized for not enrolling within six months of turning 65. Specifically, it mandates that health insurance companies, hospitals, medical service corporations, and health maintenance organizations must guarantee acceptance of applications during both the initial six-month period post-65 and during the annual open enrollment period that aligns with the federal Medicare Part D enrollment. Additionally, the bill prohibits these entities from imposing any premium rate distinctions or additional fees based on an individual's failure to enroll during the initial period.

Furthermore, the bill eliminates preexisting condition exclusions for Medicare supplement insurance policies, allowing individuals to switch between policies with comparable or lesser benefits at any time. The effective date for these changes is set for July 1, 2025. Overall, H.275 seeks to provide greater flexibility and protection for individuals seeking Medicare supplement insurance, ensuring they are not unfairly penalized for enrollment timing or preexisting health conditions.

Statutes affected:
As Introduced: 8-4080e