Minnesota SF4148 modifies Medicare supplement policy requirements, including guaranteed issue provisions and premium increases.

Minnesota SF4148 amends the state's health insurance laws to modify guaranteed issue requirements for Medicare supplement policies. It mandates that health carriers reinstate policies canceled due to cognitive impairment or functional incapacity, provided the policyholder pays any unpaid premiums. The bill also allows for one-time premium increases for individuals enrolling in Medicare supplement policies outside their initial enrollment period in Medicare Part B.

Minnesota SF4148 modifies Medicare supplement policy requirements, including guaranteed issue provisions and premium increases.

Minnesota SF4148 amends the state's health insurance laws to modify guaranteed issue requirements for Medicare supplement policies. It mandates that health carriers reinstate policies canceled due to cognitive impairment or functional incapacity, provided the policyholder pays any unpaid premiums. The bill also allows for one-time premium increases for individuals enrolling in Medicare supplement policies outside their initial enrollment period in Medicare Part B.