Easier Access to Supplemental Health Insurance for Individual Buyers.
This bill modifies health insurance rules to classify supplemental policies (like accident, critical illness, or dental coverage) sold alongside individual health plans as "excepted benefits." This change exempts these supplemental plans from certain strict federal regulations imposed on major medical coverage. The goal is to increase the availability and flexibility of these extra insurance options for individuals purchasing their own coverage.
Key points
Makes it easier for insurance companies to offer supplemental health policies (e.g., dental, accident, critical illness) to individuals purchasing their own coverage.
Supplemental individual policies will face fewer federal regulations, potentially affecting their cost and scope, offering consumers more choices.
Introduced
Citizen Poll