SB 215

  • Indiana Senate Bill
  • 2024 Regular Session
  • Introduced in Senate
  • Passed Senate Feb 01, 2024
  • Passed House Feb 20, 2024
  • Became Law Mar 11, 2024

Medicare supplement insurance.

Abstract

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 Provides for the expiration of Code provisions that would be superseded by the new requirements applying to issuers of Medicare supplement policies or certificates.

Bill Sponsors (11)

Votes


Actions


Mar 11, 2024

Senate

Public Law 28

Office of the Governor

Signed by the Governor

Mar 08, 2024

Senate

Signed by the President of the Senate

Mar 07, 2024

House

Signed by the Speaker

Mar 04, 2024

Senate

Signed by the President Pro Tempore

Feb 29, 2024

Senate

Senate concurred in House amendments; Roll Call 235: yeas 42, nays 2

Feb 26, 2024

Senate

Motion to concur filed

Feb 21, 2024

House

Returned to the Senate with amendments

Feb 20, 2024

House

Third reading: passed; Roll Call 176: yeas 91, nays 0

Feb 19, 2024

House

Second reading: ordered engrossed

Feb 15, 2024

House

Committee report: amend do pass, adopted

Feb 12, 2024

House

First reading: referred to Committee on Insurance

  • Reading-1
  • Referral-Committee
Insurance

Feb 02, 2024

Senate

Referred to the House

Feb 01, 2024

Senate

Third reading: passed; Roll Call 87: yeas 47, nays 2

Senate

Senator Becker added as coauthor

Senate

House sponsor: Representative Carbaugh

Senate

Cosponsors: Representatives Abbott, Morris, Judy

Jan 29, 2024

Senate

Amendment #1 (Walker K) prevailed; voice vote

Senate

Second reading: amended, ordered engrossed

Jan 25, 2024

Senate

Senator Randolph added as coauthor

Senate

Senator Qaddoura added as coauthor

Senate

Committee report: amend do pass, adopted

Senate

Senator Freeman added as coauthor

Jan 22, 2024

Senate

Senator Carrasco added as third author

Jan 18, 2024

Senate

Senator Messmer added as second author

Jan 09, 2024

Senate

First reading: referred to Committee on Insurance and Financial Institutions

  • Reading-1
  • Referral-Committee
Insurance and Financial Institutions

Senate

Authored by Senator Walker K

Bill Text

Bill Text Versions Format
Enrolled Senate Bill (S) PDF
Senate Bill (S) PDF PDF
Engrossed Senate Bill (H) PDF
Introduced Senate Bill (S) PDF

Related Documents

Document Format
Fiscal Note: SB0215.05.ENRH.FN001 PDF

Sources

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