A bill for an act relating to Medicare supplement policies and an annual open enrollment period.

SF 71 creates an annual 30-day open enrollment period for Iowa Medicare supplement policies, starting January 1, 2026, beginning on the applicant's birthday. It directly affects Iowans aged 65+ seeking individual policies, or those under 65 who qualify for Medicare due to disability, end-stage renal disease, or environmental hazard exposure. During this period, insurers cannot deny coverage, charge more based on health status, or exclude preexisting conditions. Applicants may switch to policies with the same or fewer benefits than their current coverage. The bill requires insurers to provide clear notice of this enrollment period to applicants.