IL New Birthday Rule Effective 1/1/2022

[Northeast Agent]

SB147 | Illinois 2021-2022 | INS-MEDICARE OPEN ENROLLMENT | TrackBill

Bill Number: SB 147

Description: Allows an individual between the ages of 65 and 75 who has an existing Medicare supplement policy to go through open enrollment lasting 45 days after their birthday.

Action: Signed
Effective: January 1, 2022

 

[Life Hawk]

They also allow them to smoke weed but mandate they wear mask.

Let's face it, IL doesn't have a clue, or any money.

Wonder who runs things...

 

[goillini52]

SB147 | Illinois 2021-2022 | INS-MEDICARE OPEN ENROLLMENT | TrackBill

Bill Number: SB 147

Description: Allows an individual between the ages of 65 and 75 who has an existing Medicare supplement policy to go through open enrollment lasting 45 days after their birthday.

Action: Signed
Effective: January 1, 2022

Premiums will go up and commissions will go down.

That'll save people money and they can buy life, cancer and dental insurance with their savings. I'll be able to switch Med Supps next year.

 

[Kb4391]

Anyone have clarification on this whether its changing plans within a company or can be moving carriers? I'm reading it that a person can move to a different carrier with no underwriting, as long as the plan is equal or less than the current.

 

[goillini52]

Anyone have clarification on this whether its changing plans within a company or can be moving carriers? I'm reading it that a person can move to a different carrier with no underwriting, as long as the plan is equal or less than the current.

If they couldn't move to other carriers, there wouldn't be any point to it.

 

[LostDollar]

If they couldn't move to other carriers, there wouldn't be any point to it.

I'd have to whine because I couldn't move UP plan levels.

 

[mdlovell]

"Provides that, if an individual is at least 65 years of age but no more than 75 years of age and has an existing Medicare supplement policy, the individual is entitled to an annual open enrollment period lasting 45 days, commencing with the individual's birthday, and the individual may purchase any Medicare supplement policy with the same issuer that offers benefits equal to or lesser than those provided by the previous coverage."

I bolded the one section but the rest is copied and pasted from the bill. I'm no lawyer but I interpret that as the change has to be with the same carrier.

 

[LostDollar]

The summary at the beginning of the link and the specific bill information posted above seem to provide rather different suggestions about the benefit of the law.

 

[goillini52]

Wonder who runs things...

Liberal Dumbocrats and Dominion of course.

 

[goillini52]

"Provides that, if an individual is at least 65 years of age but no more than 75 years of age and has an existing Medicare supplement policy, the individual is entitled to an annual open enrollment period lasting 45 days, commencing with the individual's birthday, and the individual may purchase any Medicare supplement policy with the same issuer that offers benefits equal to or lesser than those provided by the previous coverage."

I bolded the one section but the rest is copied and pasted from the bill. I'm no lawyer but I interpret that as the change has to be with the same carrier.

Amends the Illinois Insurance Code. Provides that a Medicare supplement policyholder is entitled to an annual open enrollment period lasting 60 days or more, commencing with the individual's birthday, during which time that person may purchase any Medicare supplement policy that offers benefits equal to or lesser than those provided by the previous coverage. Provides that, during the open enrollment period, an issuer of a Medicare supplement policy shall not deny or condition the issuance or effectiveness of Medicare supplemental coverage, nor discriminate in the pricing of coverage, because of health status, claims experience, receipt of health care, or a medical condition of the individual if, at the time of the open enrollment period, the individual is covered under another Medicare supplement policy or contract. Requires an issuer to notify a policyholder of his or her rights under this subsection at least 30 days and no more than 60 days before the beginning of the open enrollment period, and on any notice related to a benefit modification or premium adjustment.