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. This amendment is made under the authority of section 33-28-5b of the code. The primary purpose of this bill is to ensure that the Insurance Commissioner has the necessary authority to implement regulations related to Medicare Supplement Insurance, thereby enhancing the oversight and management of such insurance products in West Virginia. The bill does not include any deletions from current law, focusing solely on the insertion of the new rule reference.

Statutes affected:
Introduced Version: 64-7-1