In an update to our May 21, 2021 blog, Senate Bill 1143, which revises Idaho code relating to Medicare Supplement policies and standards, was adopted with amendments.
These amendments include:
- Allowing individual policyholders to change their Medicare supplement policy each year to a comparable or lesser Medicare supplement policy on a guaranteed issue basis.
- Required Community rating for Medicare supplement policies issued after February 28, 2022.
Read Senate Bill 1143 with incorporated amendments here
Look to CSG Actuarial for future developments or clarifications as they become available.