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AR SB642

Bill

Status

Passed

3/28/2017

Primary Sponsor

Jason Rapert

Click for details

Origin

Senate

91st General Assembly (2017 Regular)

AI Summary

  • Allow Arkansas residents under 65 years of age with Medicare due to disability to purchase Medigap (Medicare supplement insurance) coverage, which was previously unavailable to them under State Insurance Department Rule 27

  • Direct the State Insurance Department to amend Rule 27 to permit the sale and purchase of certain Medigap policies for disabled individuals under 65

  • Require the State Insurance Department to submit its proposed rule amendment to the Senate Committee on Insurance and Commerce by January 1, 2018, for review and approval

  • Mandate the department include written findings addressing the Medigap premium assessment process and a written description of efforts taken to ensure competitively priced Medigap premiums under the proposed rule

  • Establish legislative intent to provide Arkansas residents access to Medigap coverage comparable to that available to disabled individuals in other states

Legislative Description

To Allow Medigap Coverage, Also Known As Medicare Supplement Insurance, To Be Purchased In Arkansas For Individuals With Disabilities Who Are Under Sixty-five (65) Years Of Age; And To Require An Amendment To Rule 27.

Last Action

Notification that SB642 is now Act 684

3/28/2017

Committee Referrals

Insurance and Commerce3/15/2017
Insurance & Commerce3/6/2017

Full Bill Text

No bill text available