South Dakota House Bill HB1108

South Dakota 2024 Regular Session

• Introduced: 1/18/24
• Refer: 1/18/24

Caption

Permit an individual to change enrollment in a medicare supplement policy.

Impact

The proposed legislation amends chapter 58-17A of the South Dakota Codified Laws. Its intent is to enhance the existing policies surrounding Medicare supplements by removing barriers that could prevent individuals from switching to a more suitable or potentially cost-effective plan. By ensuring that people can easily change their supplemental coverage without facing discrimination based on their health status or pre-existing conditions, HB1108 supports better access to healthcare options for the elderly population.

Summary

House Bill 1108 is designed to provide greater flexibility for individuals enrolled in Medicare supplement policies in South Dakota by allowing them to change their enrollment. The bill permits individuals to voluntarily terminate their existing policy and enroll in another with equal or lesser benefits during the 30 days following their birthday. This change aims to give enrollees more control and options regarding their healthcare coverage, especially as their needs might change over time.

Contention

While the bill appears to support consumer rights and enhance healthcare choices, it may face scrutiny regarding the implications for insurance carriers. Provisions within the bill prevent insurers from denying coverage or imposing higher premiums based on an individual's health condition. This aspect could raise concerns among stakeholders about potential increases in insurer costs, which may, in turn, affect overall healthcare pricing and availability in the state.