S*1153(Rat #0400, Act #0362 of 1990)  General Bill, By 
Senate Banking and Insurance
 A Bill to amend Section 38-71-730, Code of Laws of South Carolina, 1976,
 relating to the requirements for group health, group accident, group accident
 and health insurance policies, so as to delete the provisions detailing the
 minimum standards for Medicare supplement policies, to delete the provisions
 pertaining to the group policy and subscriber contracts to which the standards
 do not apply, and to provide for the Chief Insurance Commissioner to
 promulgate regulations containing the standards.

   01/25/90  Senate Introduced, read first time, placed on calendar
                     without reference SJ-9
   01/30/90  Senate Read second time SJ-25
   01/30/90  Senate Ordered to third reading with notice of
                     amendments SJ-25
   02/01/90  Senate Read third time and sent to House SJ-12
   02/06/90  House  Introduced and read first time HJ-18
   02/06/90  House  Referred to Committee on Labor, Commerce and
                     Industry HJ-18
   02/21/90  House  Committee report: Favorable Labor, Commerce and
                     Industry HJ-5
   02/28/90  House  Read second time HJ-35
   03/01/90  House  Read third time and enrolled HJ-10
   03/13/90         Ratified R 400
   03/19/90         Signed By Governor
   03/19/90         Effective date 03/19/90
   03/19/90         Act No. 362
   03/27/90         Copies available

AN ACT TO AMEND SECTION 38-71-730, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE REQUIREMENTS FOR GROUP HEALTH, GROUP ACCIDENT, AND GROUP ACCIDENT AND HEALTH INSURANCE POLICIES, SO AS TO DELETE THE PROVISIONS DETAILING THE MINIMUM STANDARDS FOR MEDICARE SUPPLEMENT POLICIES, TO DELETE THE PROVISIONS PERTAINING TO THE GROUP POLICY AND SUBSCRIBER CONTRACTS TO WHICH THE STANDARDS DO NOT APPLY, AND TO PROVIDE FOR THE CHIEF INSURANCE COMMISSIONER TO PROMULGATE REGULATIONS CONTAINING THE STANDARDS.

Be it enacted by the General Assembly of the State of South Carolina:

Provisions for minimum standards deleted; regulations

SECTION 1. Section 38-71-730(6) of the 1976 Code is amended to read:

"(6) A group policy or subscriber contract of accident and health insurance which is advertised, marketed, or designed primarily as a supplement to reimbursements under Medicare for the hospital, medical, or surgical expenses of persons eligible for Medicare by reason of age must equal, and may exceed, the minimum standards for Medicare supplement policies as contained in regulations promulgated by the commissioner."

Time effective

SECTION 2. This act takes effect upon approval by the Governor.

Approved the 19th day of March, 1990.