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IL SB0147
Bill
AI Summary
SB0147 Summary
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Establishes an annual open enrollment period for Medicare supplement policyholders ages 65-75, lasting 45 days commencing with the individual's birthday, during which they may switch to any comparable or lesser benefit Medicare supplement policy from the same issuer.
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Prohibits insurers from denying coverage, conditioning issuance, or discriminating in pricing based on health status, claims experience, receipt of health care, or medical conditions during the open enrollment period.
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Requires insurers to provide notice of the annual open enrollment period to eligible Medicare supplement policyholders when applications are made for Medicare supplement policies or certificates, in a form prescribed by the Department.
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Takes effect on January 1, 2022.
Legislative Description
INS-MEDICARE OPEN ENROLLMENT
Last Action
Public Act . . . . . . . . . 102-0142
7/23/2021