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Insurers warn Ohio bill to expand Medigap guaranteed issue and cap rates could raise premiums
Summary
Keith Lake of AHIP told the House Insurance Committee that House Bill 24’s combination of guaranteed issue for some Medicare-eligible people under 65 and a birthday-rule open enrollment could concentrate high-cost enrollees in low‑priced plans and raise premiums or cause carriers to exit the market.
Keith Lake, regional director of state affairs for America's Health Insurance Plans (AHIP), testified in opposition to House Bill 24 at the Ohio House Insurance Committee's third hearing, saying the proposal would destabilize Ohio's Medigap market and could increase premiums for seniors.
Lake told the committee that AHIP members provide coverage to roughly 9,000,000 Ohioans and that Ohio currently has "one of the most robust and competitive Medigap markets in the country" with "dozens" of carriers offering Medigap policies. He said House Bill 24 would require Medigap issuers to offer all available Medigap plans to Medicare enrollees under age 65 (including those with disabilities and end‑stage renal disease, or ESRD) and cap premiums for those enrollees at the…
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