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.
Look to CSG Actuarial for future developments or clarifications as they become available.