TDI adopts updates to minimum standards for Medicare supplement
policies
TDI has adopted
updates to the minimum standards for Medicare supplement policies to
incorporate changes required by federal law.
The Medicare Access
and CHIP Reauthorization Act of 2015 prohibits Medicare supplement policies
from covering the Medicare Part B deductible for policies issued to
individuals who are first eligible for Medicare on or after January 1,
2020.
This adoption also
allows an issuer to replace an individual's certificate with a certificate
of the same standardized benefit plan type in another state when the
certificate holder moves from Texas to a new state. It also requires
electronic submission of a new Medicare Supplement Refund Calculation
Form.
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