Senate Bill sb0266

    Florida Senate - 2007                                   SB 266

    By Senator Baker





    20-378-07

  1                      A bill to be entitled

  2         An act relating to Medicare; amending s.

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

  4         supplement policy" for purposes of part VIII of

  5         ch. 627, F.S., to exclude a health insurance

  6         policy or other health benefit plan that is

  7         offered by one or more employers to employees

  8         or former employees; providing an effective

  9         date.

10  

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

12  

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

14  Statutes, is amended to read:

15         627.672  Definitions.--For the purposes of ss.

16  627.671-627.675:

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

18  insurance policy or other health benefit plan offered by a

19  private entity to individuals who are entitled to have

20  payments for health care costs made under Medicare, Title

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

22  constituted and as may later be amended, which provides

23  reimbursement for expenses incurred for services and items for

24  which payment may be made under Medicare but which expenses

25  are not reimbursable by reason of the applicability of

26  deductibles, coinsurance amounts, or other limitations imposed

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

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

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

30  labor organizations, or a combination thereof, for employees

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

                                  1

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






    Florida Senate - 2007                                   SB 266
    20-378-07




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

 2  organizations.

 3         Section 2.  This act shall take effect July 1, 2007.

 4  

 5            *****************************************

 6                          SENATE SUMMARY

 7    Excludes from the definition of the term "Medicare
      supplement policy" a health insurance policy or other
 8    health benefit plan that is offered to employees or
      former employees by one or more employers.
 9  

10  

11  

12  

13  

14  

15  

16  

17  

18  

19  

20  

21  

22  

23  

24  

25  

26  

27  

28  

29  

30  

31  

                                  2

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