1 | A bill to be entitled |
2 | An act relating to Medicare supplement policies; amending |
3 | s. 627.672, F.S.; revising an exclusion from a definition |
4 | of the term "Medicare supplement policy"; providing an |
5 | effective date. |
6 |
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7 | Be It Enacted by the Legislature of the State of Florida: |
8 |
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9 | Section 1. Subsection (1) of section 627.672, Florida |
10 | Statutes, is amended to read: |
11 | 627.672 Definitions.--For the purposes of ss. 627.671- |
12 | 627.671-627.675: |
13 | (1) A "Medicare supplement policy" is a health insurance |
14 | policy or other health benefit plan offered by a private entity |
15 | to individuals who are entitled to have payments for health care |
16 | costs made under Medicare, Title XVIII of the Social Security |
17 | Act ("Medicare"), as presently constituted and as may later be |
18 | amended, which provides reimbursement for expenses incurred for |
19 | services and items for which payment may be made under Medicare |
20 | but which expenses are not reimbursable by reason of the |
21 | applicability of deductibles, coinsurance amounts, or other |
22 | limitations imposed by Medicare. The term does not include any |
23 | such policy or plan of one or more employers or labor |
24 | organizations, or of the trustees of a fund established by one |
25 | or more employers or labor organizations, or a combination |
26 | thereof, for employees or former employees, or a combination |
27 | thereof, of the employers or for employees or former employees, |
28 | or a combination thereof, or for members or former members, or a |
29 | combination thereof, of the labor organizations. |
30 | Section 2. This act shall take effect July 1, 2007. |