This bill amends the Code of West Virginia to authorize the Insurance Commissioner to promulgate a legislative rule concerning Medicare Supplement Insurance. Specifically, it references the legislative rule filed in the State Register on March 13, 2024, which is identified as 114 CSR 24. The purpose of this legislation is to provide the necessary authorization for the Insurance Commissioner to implement regulations that will govern Medicare Supplement Insurance, thereby ensuring compliance with state law and enhancing the oversight of such insurance products. The section being amended is new, and as such, there are no deletions or existing legal language being modified.

Statutes affected:
Introduced Version: 64-7-1