Current Status Introducing Body:Senate Bill Number:1262 Ratification Number:306 Act Number:286 Primary Sponsor:Committee (02) Type of Legislation:GB Subject:Insurance, reason of age requirement Companion Bill Number:1155 4136 Date Bill Passed both Bodies:Mar 04, 1992 Computer Document Number:BBM/9714.BD Governor's Action:S Date of Governor's Action:Mar 12, 1992 Introduced Date:Feb 04, 1992 Last History Body:------ Last History Date:Mar 12, 1992 Last History Type:Act No. 286 Scope of Legislation:Statewide Sponsor Committee:Banking and Insurance Sponsor Committee Number:02 Type of Legislation:General Bill
Bill Body Date Action Description CMN
---- ------ ------------ ------------------------------ ---
1262 ------ Mar 12, 1992 Act No. 286
1262 ------ Mar 12, 1992 Signed by Governor
1262 ------ Mar 11, 1992 Ratified R 306
1262 House Mar 04, 1992 Read third time, enrolled for
ratification
1262 House Mar 03, 1992 Read second time
1262 House Feb 26, 1992 Committee Report: Favorable 26
1262 House Feb 11, 1992 Introduced, read first time, 26
referred to Committee
1262 Senate Feb 06, 1992 Read third time, sent to House
1262 Senate Feb 05, 1992 Read second time, unanimous
consent for third reading on
Thursday, February 6, 1992
1262 Senate Feb 04, 1992 Introduced, read first time,
placed on Calendar without
reference
View additional legislative information at the LPITS web site.
(A286, R306, S1262)
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.