S*1262(Rat #0306, Act #0286 of 1992)  General Bill, By 
Senate Banking and Insurance
 A Bill to amend Section 38-71-730, as amended, Code of Laws of South Carolina,
 1976, relating to requirements for group health, group accident, and group
 accident and health insurance, so as to delete the "reason of age" requirement
 for contracts of accident and health insurance designed to supplement
 reimbursements under Medicare.

   02/04/92  Senate Introduced, read first time, placed on calendar
                     without reference SJ-10
   02/05/92  Senate Read second time SJ-16
   02/05/92  Senate Unanimous consent for third reading on next
                     legislative day SJ-16
   02/06/92  Senate Read third time and sent to House SJ-25
   02/11/92  House  Introduced and read first time HJ-7
   02/11/92  House  Referred to Committee on Labor, Commerce and
                     Industry HJ-7
   02/26/92  House  Committee report: Favorable Labor, Commerce and
                     Industry HJ-17
   03/03/92  House  Read second time HJ-23
   03/04/92  House  Read third time and enrolled HJ-30
   03/11/92         Ratified R 306
   03/12/92         Signed By Governor
   03/12/92         Effective date 03/12/92
   03/12/92         Act No. 286
   04/07/92         Copies available

AN ACT TO AMEND SECTION 38-71-730, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO REQUIREMENTS FOR GROUP HEALTH, GROUP ACCIDENT, AND GROUP ACCIDENT AND HEALTH INSURANCE, SO AS TO DELETE THE "REASON OF AGE" REQUIREMENT FOR CONTRACTS OF ACCIDENT AND HEALTH INSURANCE DESIGNED TO SUPPLEMENT REIMBURSEMENTS UNDER MEDICARE.

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

Age requirement for Medicare reimbursement deleted on group policies

SECTION 1. Section 38-71-730(6) of the 1976 Code, as last amended by Act 362 of 1990, is further 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 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 12th day of March, 1992.