AN ACT RELATING TO INSURANCE -- MEDICARE SUPPLEMENT INSURANCE POLICIES

HB 5431 guarantees that Medicare beneficiaries under 65 and over 65 who are enrolled in Medicare Parts A and B can enroll in standardized Medicare Supplement Plan A during a one-month annual enrollment period without being denied coverage due to health conditions. To qualify, applicants must have been enrolled in a Medicare Advantage plan (Part C) and remain enrolled at the time of application. The bill also standardizes Medicare supplement policies by prohibiting exclusions for preexisting conditions and requiring clear minimum standards for benefits, rates, and insurer practices. This change aims to simplify access to supplemental coverage while removing health-based barriers for Medicare recipients.