Establishes certain requirements for Medicare supplement policy premiums.

This bill requires New Jersey Medicare supplement insurance policies to limit premium increases to once per calendar year and give policyholders the option to pay annual premiums in advance. It also mandates insurers to file annual rates with the state commissioner and ensures policies provide benefits that reasonably match premiums. The law applies to all Medicare supplement policies issued or renewed in New Jersey after its effective date. These changes directly affect New Jersey residents who purchase Medicare supplement insurance.