TX Publishes Working Draft of Minimum Standards for Med Supp Policies
The Texas Department of Insurance has prepared a working draft of rules for minimum standards of Medicare supplement policies. The proposals are designed to bring Texas' regulation in line with the revisions to the NAIC model. In addition to new mandates that result form the Medicare Improvements for Patients and Providers Act of 2008 and the Genetic Information Nondiscrimination Act of 2008, the Texas amendments also change group filing requirements.
The new rules will make out-of-state group policies subject to the same filing requirements as in-state group policies.
In the e-mail notice sent to interested parties, the TDI makes clear that this is not a formal rule-making act, but a request for informal comments. These informal comments are requested by 5:00 pm February 16, 2009 to the attention of Ana Smith-Daley. Her e-mail address is Ana.Smith-Daley@tdi.state.tx.us.
