Text to be removed highlighted in red.
1 New Sections; Medicare Supplemental Insurance; Premiums; Change in Coverage. Amend RSA 415-F by inserting after section 8 the following new sections:
415-F:9 Premiums. The issuer is prohibited from charging a Medicare eligible disabled member a premium greater than the over age 65 premium, once the disabled covered member is aged 65.
415-F:10 Change in Coverage. An issuer shall make available to each covered member the opportunity to purchase any Medicare supplement policy offered by the issuer, without medical underwriting, during the birth month of the member. This requirement shall exist regardless of whether the alternative policy has comparable or lesser benefits. The issuer shall notify the member at least 90 days prior to the opportunity to make a potential change in coverage. The effective date of the change in coverage shall be less than 60 days from the date the issuer receives notification that the member has selected alternative coverage.
2 Effective Date. This act shall take effect January 1, 2021.
Text to be added highlighted in green.
1 New Sections; Medicare Supplemental Insurance; Premiums; Change in Coverage. Amend RSA 415-F by inserting after section 8 the following new sections:
415-F:9 Premiums. The issuer is prohibited from charging a Medicare eligible disabled member a premium greater than the over age 65 premium, once the disabled covered member is aged 65.
415-F:10 Change in Coverage. An issuer shall make available to each covered member the opportunity to purchase any Medicare supplement policy offered by the issuer, without medical underwriting, during the birth month of the member. This requirement shall exist regardless of whether the alternative policy has comparable or lesser benefits. The issuer shall notify the member at least 90 days prior to the opportunity to make a potential change in coverage. The effective date of the change in coverage shall be less than 60 days from the date the issuer receives notification that the member has selected alternative coverage.
2 Effective Date. This act shall take effect January 1, 2021.