HB4330

Illinois HB4330 amends the Illinois Insurance Code to regulate Medicare supplement policies, ensuring fair coverage and pricing practices.

HB4330 amends the Illinois Insurance Code to establish regulations for Medicare supplement policies. It mandates that insurers cannot deny coverage to applicants under 65 who become eligible for Medicare due to disability, provided they apply within six months of enrolling in Medicare Part B. The bill also prohibits insurers from denying coverage or charging higher premiums if an applicant switches from a Medicare Advantage plan to a traditional Medicare plan within 30 days of the new plan's effective date.