Did You Know: VA Medicare Supplement OEP

Virginia Medicare Supplement Open Enrollment Period

Effective January 1, 2024, Virginia is changing its Medicare Supplement regulations to include an open enrollment period for individuals under 65 with end stage renal disease (ESRD) and a premium rate limitation for qualifying disabilities.

§ 38.2-3610 of the Code of Virginia was amended to include:

• Open enrollment period is six months beginning the first month in which the under age 65 individual is enrolled in Medicare Parts A and B, and is eligible for Medicare by reason of disability, specifically end-stage renal disease.
• Each insurer issuing Medicare supplement policies are required to offer at least one of its issued Medicare supplement policies:
  • – Plans A, and D or G for persons new to Medicare on or after January 1, 2020
  • – Plans A, and C or F for persons eligible prior to 2020
• Prohibits insurers from charging individuals who are under age 65 and eligible for Medicare by reason of any qualifying disability premium rates for any Medicare supplement plan that exceed the premium rates charged for such plan to individuals who are 65.