SB 0920 Limits Type of Policy For Medicare Supplement
LR Number:S3323.01I Fiscal Note:3323-01
Committee:Insurance and Housing
Last Action:03/06/96 - Hearing Conducted S Insurance & Housing Committee
Effective Date:August 28, 1996
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Current Bill Summary

SB 920 - Any insurance company issuing a medicare supplement policy is prohibited from setting rates on an "attained age basis". An attained age basis is a method where the rates change as the insured person's age changes.