Senate Bill 0828er

    ENROLLED

    2000 Legislature                                        SB 828



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  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 to exclude

  6         specified policies and plans; providing an

  7         effective date.

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

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

12  Statutes, is amended to read:

13         627.672  Definitions.--For the purposes of ss.

14  627.671-627.675:

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

16  insurance policy or other health benefit plan offered by a

17  private entity to individuals who are entitled to have

18  payments for health care costs made under Medicare, Title

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

20  constituted and as may later be amended, which provides

21  reimbursement for expenses incurred for services and items for

22  which payment may be made under Medicare but which expenses

23  are not reimbursable by reason of the applicability of

24  deductibles, coinsurance amounts, or other limitations imposed

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

26  of one or more labor organizations, or of the trustees of a

27  fund established by one or more labor organizations, or a

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

29  combination thereof, or for members or former members, or a

30  combination thereof, of the labor organizations.

31         Section 2.  This act shall take effect July 1, 2000.


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