SB0215

Medicare supplement insurance.

Latest bill text (Comm Sub) [PDF]

Summary

Medicare supplement insurance. Provides that after December 31, 2024, an issuer that makes a Medicare supplement policy or certificate available to persons at least 65 years of age must make the equivalent policy or certificate available to an individual under 65 years of age who is eligible for Medicare because of having a federally defined disability or end stage renal disease. (Under current law, an issuer that makes a Medicare supplement policy or certificate available to persons at least 65 years of age is required only to make a Plan A policy or certificate available to individuals under 65 years of age, and is required to make the Plan A policy or certificate available to an individual under 65 years of age who is eligible for Medicare because of having a federally defined disability but is not required to make the Plan A policy or certificate available to an individual under 65 years of age who is eligible for Medicare because of having end stage renal disease.) Provides that if an individual who is less than 65 years of age, who is eligible for Medicare because of having a federally defined disability or end stage renal disease, and who meets certain conditions as to application timeliness applies for a Medicare supplement policy or certificate, the issuer of the policy or certificate is prohibited from: (1) denying or conditioning the issuance or effectiveness of the individual's policy or certificate; (2) charging the individual a premium rate for a policy or certificate standardized as Plan A, B, or D that exceeds the premium rate the issuer charges an individual who is 65 years of age; (3) charging the individual a premium rate for any other standardized lettered policy or certificate that exceeds 200% of the premium rate the issuer charges an individual who is 65 years of age; or (4) issuing to the individual a policy or certificate that contains a waiting period or a preexisting condition limitation or exclusion. Provides for the expiration of Code provisions that would be superseded by the new requirements applying to issuers of Medicare supplement policies or certificates.

Authors

Authored by Senator Walker K

Roll Calls

2024-02-29SenateSenate - Senate concurred in House amendments PASS
2024-02-20HouseHouse - Third reading PASS
2024-02-01SenateSenate - Third reading PASS

Fiscal Outlook

Title Description Date View
Fiscal NoteFiscal Note #1: House Enrolled2024-03-01 Click To View
Fiscal NoteFiscal Note #3: House Comm Sub2024-02-20 Click To View
Fiscal NoteFiscal Note #2: House Comm Sub2024-02-19 Click To View
Fiscal NoteFiscal Note #1: House Comm Sub2024-02-16 Click To View
Committee ReportSenate Committee Report2024-02-15 Click To View
Vote SheetVote Sheet February 14, 20242024-02-14 Click To View
Fiscal NoteFiscal Note #2: Senate Engrossed2024-02-02 Click To View
Fiscal NoteFiscal Note #1: Senate Engrossed2024-01-29 Click To View
Fiscal NoteFiscal Note #1: Senate Comm Sub2024-01-26 Click To View
Committee ReportSenate Committee Report2024-01-25 Click To View
Vote SheetVote Sheet January 24, 20242024-01-24 Click To View
Fiscal NoteFiscal Note #2: Introduced2024-01-24 Click To View
Fiscal NoteFiscal Note #1: Introduced2024-01-09 Click To View

History

Date Chamber Action
2024-03-11SenatePublic Law 28
2024-03-11SenateSigned by the Governor
2024-03-08SenateSigned by the President of the Senate
2024-03-07HouseSigned by the Speaker
2024-03-04SenateSigned by the President Pro Tempore
2024-02-29SenateSenate concurred in House amendments; Roll Call 235: yeas 42, nays 2
2024-02-26SenateMotion to concur filed
2024-02-21HouseReturned to the Senate with amendments
2024-02-20HouseThird reading: passed; Roll Call 176: yeas 91, nays 0
2024-02-19HouseSecond reading: ordered engrossed
2024-02-15HouseCommittee report: amend do pass, adopted
2024-02-12HouseFirst reading: referred to Committee on Insurance
2024-02-02SenateReferred to the House
2024-02-01SenateSenator Becker added as coauthor
2024-02-01SenateCosponsors: Representatives Abbott, Morris, Judy
2024-02-01SenateHouse sponsor: Representative Carbaugh
2024-02-01SenateThird reading: passed; Roll Call 87: yeas 47, nays 2
2024-01-29SenateSecond reading: amended, ordered engrossed
2024-01-29SenateAmendment #1 (Walker K) prevailed; voice vote
2024-01-25SenateSenator Randolph added as coauthor
2024-01-25SenateSenator Qaddoura added as coauthor
2024-01-25SenateSenator Freeman added as coauthor
2024-01-25SenateCommittee report: amend do pass, adopted
2024-01-22SenateSenator Carrasco added as third author
2024-01-18SenateSenator Messmer added as second author
2024-01-09SenateFirst reading: referred to Committee on Insurance and Financial Institutions
2024-01-09SenateAuthored by Senator Walker K