Senate Bill 1236

CODING: Words stricken are deletions; words underlined are additions.



    Florida Senate - 1999                                  SB 1236

    By Senator Grant





    13-1077-99

  1                      A bill to be entitled

  2         An act relating to insurance; amending s.

  3         627.672, F.S.; redefining the term "Medicare

  4         supplement policy" for purposes of the Florida

  5         Medicare Supplement Reform Act; providing an

  6         effective date.

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  8  Be It Enacted by the Legislature of the State of Florida:

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10         Section 1.  Subsection (1) of section 627.672, Florida

11  Statutes, is amended to read:

12         627.672  Definitions.--For the purposes of ss.

13  627.671-627.675:

14         (1)  A "Medicare supplement policy" is a health

15  insurance policy or other health benefit plan offered by a

16  private entity to individuals who are entitled to have

17  payments for health care costs made under Medicare, Title

18  XVIII of the Social Security Act ("Medicare"), as presently

19  constituted and as may later be amended, which provides

20  reimbursement for expenses incurred for services and items for

21  which payment may be made under Medicare but which expenses

22  are not reimbursable by reason of the applicability of

23  deductibles, coinsurance amounts, or other limitations imposed

24  by Medicare. The term does not include any such policy or plan

25  of one or more employers or labor organizations, or of the

26  trustees of a fund established by one or more employers or

27  labor organizations, or a combination thereof, for employees

28  or former employees, or a combination thereof, or for members

29  or former members, or a combination thereof, of the labor

30  organizations.

31         Section 2.  This act shall take effect July 1, 1999.

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CODING: Words stricken are deletions; words underlined are additions.






    Florida Senate - 1999                                  SB 1236
    13-1077-99




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  2                          SENATE SUMMARY

  3    Redefines the term "Medicare supplement policy" for
      purposes of the Florida Medicare Supplement Reform Act.
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