An act relating to enrollment in Medicare supplement insurance policies

This bill creates annual open enrollment periods for Vermonters seeking Medicare supplement insurance (Medigap), aligning with federal Medicare Part D enrollment. It prohibits insurers from charging extra fees, penalties, or higher premiums for enrolling after age 65, bans exclusions for preexisting conditions, and allows policyholders to switch to comparable or lower-benefit plans anytime. The changes apply directly to Vermont residents enrolled in or applying for Medicare supplement insurance. The bill takes effect July 1, 2025, after passing committee referral on February 19, 2025.