| 1 | A bill to be entitled |
| 2 | An act relating to Medicare supplement policies; amending |
| 3 | s. 627.672, F.S.; revising the definition of the term |
| 4 | "Medicare supplement policy" to exclude a health insurance |
| 5 | policy or other health benefit plan offered by one or more |
| 6 | employers to employees or former employees; 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. 627.671- |
| 14 | 627.671-627.675: |
| 15 | (1) A "Medicare supplement policy" is a health insurance |
| 16 | policy or other health benefit plan offered by a private entity |
| 17 | to individuals who are entitled to have payments for health care |
| 18 | costs made under Medicare, Title XVIII of the Social Security |
| 19 | Act ("Medicare"), as presently constituted and as may later be |
| 20 | amended, which provides reimbursement for expenses incurred for |
| 21 | services and items for which payment may be made under Medicare |
| 22 | but which expenses are not reimbursable by reason of the |
| 23 | applicability of deductibles, coinsurance amounts, or other |
| 24 | limitations imposed by Medicare. The term does not include any |
| 25 | such policy or plan of one or more employers that have at least |
| 26 | 50 employees at issue or labor organizations, or of the trustees |
| 27 | of a fund established by one or more employers or labor |
| 28 | organizations, or a combination thereof, for employees or former |
| 29 | employees, or a combination thereof, or for members or former |
| 30 | members, or a combination thereof, of the labor organizations. |
| 31 | Section 2. This act shall take effect July 1, 2007. |