The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) was signed into law on April 16, 2015, and prohibits the sale of Medigap policies that cover Part B deductibles to “newly eligible” Medicare beneficiaries. On August 29, 2016, the ...  

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    DEPARTMENT OF FINANCIAL SERVICES

    OIR – Insurance Regulation

    RULE NOS.:RULE TITLES:

    69O-156.003Definitions

    69O-156.0075Benefit Standards for 2010 Standardized Medicare Supplement Benefit Plan Policies or Certificates Issued for Delivery with an Effective Date for Coverage on or After June 1, 2010.

    69O-156.0086Standard Medicare Supplement Benefit Plans for 2020 Standardized Medicare Supplement Benefit Plan Policies or Certificates Issued for Delivery to Newly Eligible Medicare Beneficiaries with an Effective Date for Coverage on or After January 1, 2020.

    The Florida Office of Insurance Regulation announces a hearing to which all persons are invited.

    DATE AND TIME: Thursday, October 10, 2019, 10:00 a.m.

    PLACE: 116 Larson Building, 200 East Gaines Street, Tallahassee, Florida. To join by telephone, call (850)413-1558 and enter conference ID# 584788.

    GENERAL SUBJECT MATTER TO BE CONSIDERED: The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) was signed into law on April 16, 2015, and prohibits the sale of Medigap policies that cover Part B deductibles to “newly eligible” Medicare beneficiaries. On August 29, 2016, the National Association of Insurance Commissioners (NAIC) adopted revisions to the NAIC Model Regulation to Implement the NAIC Medicare Supplement Insurance Minimum Standards Model Act (NAIC Model Regulation) to comply with MACRA. 69O-156.003 and 69O-156.0075 are amended and 69O-156.0086 is created to comply with amendments to the NAIC Model Regulation by NAIC.

    A copy of the agenda may be obtained by contacting: Michael Lawrence, Jr., Assistant General Counsel, Michael.LawrenceJr@floir.com, (850)413-4112.

    Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 5 days before the workshop/meeting by contacting: Michael Lawrence, Jr., Assistant General Counsel, Michael.LawrenceJr@floir.com, (850)413-4112. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).

    For more information, you may contact: Michael Lawrence, Jr., Assistant General Counsel, Michael.LawrenceJr@floir.com, (850)413-4112.