Session Laws

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

SECTION 1. Chapter 175 of the General Laws is hereby amended by inserting after section 108E the following section:-

Section 108F. Any requested premium increase in excess of fifteen percent for a policy of medicare supplemental insurance shall be communicated to subscribers at least ninety days prior to the effective date of such increase.

SECTION 2. Section 6 of chapter 176A of the General Laws, as appearing in the 1990 Official Edition, is hereby amended by inserting after the second paragraph the following paragraph:-

Any requested premium increase in excess of twenty percent filed with the division of insurance for a medicare supplemental insurance product billed directly to the subscriber, shall be communicated to subscribers during their next scheduled billing cycle, consistent with regulations promulgated by the commissioner of insurance.

SECTION 3. Chapter 176G of the General Laws, as so appearing, is hereby amended by adding the following section:-

Section 18. Any requested premium increase in excess of fifteen percent for a policy of medicare supplemental insurance shall be communicated to subscribers at least ninety days prior to the effective date of such increase.