Nevada legislation · 83rd Legislature (2025)
Nevada SB292: Revises provisions relating to Medicare supplemental policies. (BDR 57-1069)
Status: Chaptered, June 6, 2025
What the bill says
An act relating to insurance; requiring certain insurers to allow certain persons who are less than 65 years of age to purchase a Medicare supplemental policy that the insurer makes available for purchase to new insureds who are 65 years of age or older; imposing certain restrictions on the limitations, terms and conditions such an insurer may impose and the premiums such an insurer may charge for such policies to persons who are less than 65 years of age; requiring such an insurer to establish certain open enrollment periods for the purchase of a Medicare supplemental policy…
From the enrolled text, May 29, 2025:
AN ACT relating to insurance; requiring certain insurers to allow certain persons who are less than 65 years of age to purchase a Medicare supplemental policy that the insurer makes available for purchase to new insureds who are 65 years of age or older; imposing certain restrictions on the limitations, terms and conditions such an insurer may impose and the premiums such an insurer may charge for such policies to persons who are less than 65 years of age; requiring such an insurer to establish certain open enrollment periods for the purchase of a Medicare supplemental policy; prohibiting an insurer from imposing an exclusion of certain benefits with respect to a Medicare supplemental policy issued during an open enrollment period; and providing other matters properly relating thereto. Legislative Counsel's Digest: Existing federal law establishes the Medicare program, which is a public health insurance program for persons 65 years of age or older and specified persons with disabilities or end-stage renal disease who are less than 65 years of age. (42 U.S.C. §§ 1395 et seq.) Existing federal law defines the term "Medicare supplemental policy" to mean a policy offered by a private insurer that is primarily designed to pay expenses not reimbursed under Medicare because of certain limitations under Medicare. Existing federal law requires the issuance of a Medicare supplemental …