3 Colo. Code Regs. § 702-4-3-3-5

Current through Register Vol. 46, No. 5, March 10, 2023

Section 3 CCR 702-4-3-3-5 - Special Enrollment Period

A. Individuals who are currently enrolled in a Medicare Supplement Policy Plan C, a Medicare Supplement Policy Plan F, or a high deductible Medicare Supplement Policy Plan F, are eligible for a special enrollment period established by this regulation to dis-enroll from their current policy and enroll in a new Medicare supplement policy without underwriting pursuant to Sections 5.C. and 5.D. Individuals may make one change to their policy during this special enrollment period. There is no requirement that individuals eligible for this special enrollment period utilize this special enrollment period.

B. This special enrollment period shall begin on January 1, 2021 and end on June 30, 2021.

C. Current policyholders of a Medicare Supplement Policy Plan C may utilize the special enrollment period to enroll in a Medicare Supplement Policy Plan D, without underwriting, with either their current insurer, or a different insurer.

D. Current policyholders of a Medicare Supplement Policy Plan F may utilize the special enrollment period to enroll in a Medicare Supplement Policy Plan G without underwriting, with either their current insurer, or a different insurer.

E. Current policyholders of a high deductible Medicare Supplement Policy Plan F may utilize the special enrollment period to enroll in a high deductible Medicare Supplement Policy Plan G without underwriting, with either their current insurer, or a different insurer.

F. This special enrollment period does not extend to individuals who become newly eligible for Medicare on or after January 1, 2020, or to individuals who are enrolled in Medicare supplement policies other than Plan C, Plan F, or the high deductible Plan F.

G. Insurers may require that policyholders provide proof of current enrollment in a Medicare Supplement Policy Plan C, Plan F, or a high deductible Plan F, prior to enrolling them in a new Medicare supplement policy through this special enrollment period.

H. Current policyholders of a Medicare Supplement Policy Plan C, Plan F, or a high deductible Plan F, who move to Colorado from another state during the special enrollment period are eligible for the special enrollment period established by this regulation and may use this special enrollment period to enroll in a Colorado Medicare Supplement Policy Plan D, Plan G, or a high deductible Plan G.

I. Current policyholders who are eligible for the special enrollment period established by this regulation shall have a thirty (30) day free look period that begins on the day coverage under their new Medicare supplement policy plan begins. The free look period can be used by a consumer to determine if they want to continue coverage under their current policy, or permanently move to the new policy while paying premium for both policies during the free look period.

J. Insurers shall accept proof of current enrollment in a Medicare Supplement Policy Plan C, Plan F, or a high deductible Plan F, as proof of eligibility for this special enrollment period.

K. Insurers shall provide the notice found in Appendix A of this regulation to all policyholders currently enrolled in a Medicare Supplement Policy Plan C, Plan F, or a high deductible Plan F, no less than sixty (60) days prior to the start of the special enrollment period contained in this regulation.

3 CCR 702-4-3-3-5

43 CR 01, January 10, 2020, effective 2/1/2020