New Jersey 2022-2023 Regular Session

New Jersey Senate Bill S3223

Introduced
10/27/22  

Caption

Requires certain issuance standards and open enrollment for Medicare supplement policies.

Impact

One major impact of S3223 includes the establishment of a continuous open enrollment period for Medicare supplement policies. This means that applicants will be accepted throughout the year, facilitating broader access to necessary health coverage for both seniors and individuals with disabilities who are enrolled in Medicare. The bill's provisions also prevent insurers from imposing certain limitations related to pre-existing conditions, thus providing greater protections for vulnerable populations seeking health insurance options.

Summary

Senate Bill 3223, introduced in New Jersey, mandates specific issuance standards and requires open enrollment for Medicare supplement policies. This legislative measure is designed to ensure that individuals seeking Medicare supplement policies cannot be denied coverage or subjected to discriminatory pricing based on their health status, claims experience, or medical conditions. By instituting such regulations, the bill aims to promote equity in access to Medicare supplement policies for all eligible individuals, regardless of their health background.

Contention

Despite its aims to improve access to health insurance, S3223 may face opposition particularly from insurance providers concerned about the financial implications of non-discriminatory pricing and the continuous acceptance policies. Critics argue that such regulations could lead to higher operational costs for insurers, which could subsequently result in increased premiums for consumers. Nevertheless, supporters maintain that these changes are essential for ensuring that all individuals, especially those with pre-existing conditions, have fair access to necessary health coverage.

Companion Bills

No companion bills found.

Previously Filed As

NJ S2030

Requires certain issuance standards and open enrollment for Medicare supplement policies.

NJ A3536

Requires certain issuance standards and open enrollment for Medicare supplement policies.

NJ S2392

Amend the standards for issuing Medicare supplemental insurance policies.

NJ H7433

Amend the standards for issuing Medicare supplemental insurance policies.

NJ S1162

Provides guaranteed issue rights to certain applicants for Medicare supplement insurance policies.

NJ SF2081

A bill for an act relating to Medicare supplement policies and an annual open enrollment period.

NJ SF71

A bill for an act relating to Medicare supplement policies and an annual open enrollment period.

NJ HF462

A bill for an act relating to Medicare supplement policies and an annual open enrollment period. (Formerly HF 228.)

NJ HF308

A bill for an act relating to Medicare supplement policies and an annual open enrollment period.(Formerly HF 70.)

NJ HB64

Medicare supplement policies; annual open enrollment period.

Similar Bills

PA SB565

In membership, contributions and benefits, providing for supplemental annuity commencing 2025 and for supplemental annuity commencing 2026; and, in benefits, providing for supplemental annuity commencing 2025 and for supplemental annuity commencing 2026.

PA SB1029

In membership, contributions and benefits, providing for supplemental annuity commencing 2023 and for supplemental annuity commencing 2024; and, in benefits, providing for supplemental annuity commencing 2023 and for supplemental annuity commencing 2024.

CA AB605

CalFresh Fruit and Vegetable Supplemental Benefits Expansion Program.

PA HB1844

In membership, contributions and benefits, providing for supplemental annuities commencing 2024; and, in benefits, providing for supplemental annuities commencing 2024.

CA AB2153

California Fruit and Vegetable Supplemental Benefits Expansion Program.

CA SB242

Medicare supplement coverage: open enrollment periods.

CA SB1236

Medicare supplement coverage: open enrollment periods.

IA SF375

A bill for an act establishing a low-income enrollment categorical funding supplement for school districts and including applicability provisions.