Massachusetts 2023-2024 Regular Session

Massachusetts House Bill H1234 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	1 of 1
2	2	HOUSE DOCKET, NO. 3380 FILED ON: 1/20/2023
3	3	HOUSE . . . . . . . . . . . . . . . No. 1234
4	4	The Commonwealth of Massachusetts
5	5	_________________
6	6	PRESENTED BY:
7	7	Alice Hanlon Peisch
8	8	_________________
9	9	To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
10	10	Court assembled:
11	11	The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:
12	12	An Act relative to an individual Medicare marketplace option.
13	13	_______________
14	14	PETITION OF:
15	15	NAME:DISTRICT/ADDRESS :DATE ADDED:Alice Hanlon Peisch14th Norfolk1/11/2023 1 of 2
16	16	HOUSE DOCKET, NO. 3380 FILED ON: 1/20/2023
17	17	HOUSE . . . . . . . . . . . . . . . No. 1234
18	18	By Representative Peisch of Wellesley, a petition (accompanied by bill, House, No. 1234) of
19	19	Alice Hanlon Peisch relative to providing for an individual Medicare marketplace option. Health
20	20	Care Financing.
21	21	The Commonwealth of Massachusetts
22	22	_______________
23	23	In the One Hundred and Ninety-Third General Court
24	24	(2023-2024)
25	25	_______________
26	26	An Act relative to an individual Medicare marketplace option.
27	27	Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority
28	28	of the same, as follows:
29	29	1 SECTION 1. Section 25 of chapter 32B of the General Laws, as appearing in the 2020
30	30	2Official Edition, is hereby amended by adding the following subsection:-
31	31	3 “(a) For the purposes of this chapter, health reimbursement arrangements shall satisfy the
32	32	4group insurance requirements to eligible retired employees as defined in section 1 and their
33	33	5Medicare eligible dependents and permit said employees and their Medicare eligible dependents
34	34	6to enter into a health insurance plan purchased on the individual Medicare marketplace. In lieu of
35	35	7the premium cost sharing arrangement outlined in Section 2, minimum annual funding for such
36	36	8health reimbursement arrangements of this chapter for each eligible retired employee and/or
37	37	9dependent shall be established by adding 50% of the sum of the lowest cost Medicare
38	38	10Supplement 1 plan filed in the Commonwealth by January 1 of the current calendar year plus the
39	39	11weighted average Part D premium in Region 2 for the prior calendar year.” 2 of 2
40	40	12 SECTION 2. Section 4 of chapter 32A of the General Laws, as appearing in the 2020
41	41	13Official Edition, is hereby amended by adding the following subsection:-
42	42	14 “(a) Notwithstanding any general or special law or regulation to the contrary, Medicare
43	43	15eligible retired employees and their Medicare eligible dependents subject to the provisions of this
44	44	16chapter shall be permitted to enter into a health insurance plan purchased on the individual
45	45	17Medicare marketplace. In lieu of the premium cost sharing arrangement outlined in this chapter,
46	46	18minimum annual funding for such health reimbursement arrangements defined by section 25 of
47	47	19chapter 32B shall be established by adding “X%” of the sum of the lowest cost Medicare
48	48	20Supplement 1 plan filed in the Commonwealth by January 1 of the current calendar year plus the
49	49	21weighted average Part D premium in Region 2 for the prior calendar year, where “X%” equals
50	50	22the current premium cost sharing between the Commonwealth and eligible retirees.”