HB4869

Establishes guaranteed-issue rights for Medicare Supplement policies in West Virginia for specific circumstances.

West Virginia HB4869 establishes guaranteed-issue rights for Medicare Supplement policies under specific conditions. Individuals aged 65 or older who lose Medicaid eligibility have a 63-day period to purchase a Medicare supplement policy without underwriting or pre-existing condition exclusions. Additionally, individuals enrolled in a Medicare supplement policy have a yearly 60-day period starting on their birthday to replace their policy. The bill also mandates annual reporting on Medicare supplement policy premium trends by the Insurance Commissioner.