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07/24/2021 01:42 PM
Pennsylvania House of Representatives
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=H&SPick=20210&cosponId=34979
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House of Representatives
Session of 2021 - 2022 Regular Session

MEMORANDUM

Posted: March 8, 2021 04:04 PM
From: Representative Mark Longietti
To: All House members
Subject: Medicare Insurance Premium Reimbursement
 
Under current Pennsylvania law, insurance companies are not required to refund the balance of premiums when a consumer changes insurance providers in order to save money. As a result, the savings generated by the switch to a different provider are negated by the loss of the premiums paid to the consumer’s previous company. Why should consumers pay for a service or product that was dropped?

To ensure consumers get the full benefit of switching insurance providers, I will be introducing legislation amending the Medicare Supplement Insurance Act of 1982 to require insurers to refund the balance of any premium paid under a Medicare supplement policy upon receipt of proof from the insured that other coverage has been obtained.

Please consider joining me in sponsoring this important legislative initiative.

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Introduced as HB1524