Plain English Breakdown
The official source does not specify if there are other similar outdated requirements in Titles 8 and 71 that the bill addresses.
Removing an Old Study Requirement for Medicare Supplement Policies
This bill removes a requirement that was no longer needed for studying how to set prices for certain health insurance policies.
What This Bill Does
- Deletes an outdated part of Tennessee's laws related to medicare supplement policies.
- Makes changes to Title 56 in Tennessee’s code.
Who It Names or Affects
- The Department of Commerce and Insurance
- Insurance companies that offer medicare supplement policies
Terms To Know
- Medicare Supplement Policies
- Health insurance plans designed to cover some costs not covered by Medicare.
- Department of Commerce and Insurance
- A state agency that regulates businesses, including insurance companies.
Limits and Unknowns
- The bill does not specify what happens with the results from any previous studies.
- It is unclear if there are other similar requirements in Tennessee's laws that might also be outdated.