The Division would like to provide notice that the Commissioner has adopted the following new bulletin:
The Colorado Division of Insurance Promulgated Colorado Insurance Regulation 4-3-3,
Concerning 2020 Medicare Supplement Policy Changes and Establishing a Special Enrollment Period In 2021, to establish a special enrollment period for current Medicare supplement policyholders who may be impacted by the federal changes to Medicare that eliminate the ability of new beneficiaries to purchase certain Medicare supplement policies on and after January 1, 2020. The Division has received requests from the broker community to provide enrollment guidelines for this special enrollment period.
This bulletin is intended to provide guidance to:
- all insurers who have sold Medicare Supplement Policy Plan C, Medicare Supplement Policy Plan F, or high deductible Medicare Supplement Policy Plan F in the state of Colorado;
- to all Colorado consumers 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; and
- to all insurers who are selling Medicare Supplement Policy Plan D, Medicare Supplement Policy Plan G, or high deductible Medicare Supplement Policy Plan G, in the state of Colorado between January 1, 2021 and June 30, 2021.
This bulletin is also intended to provide guidance to all brokers who sell these types of policies.
These bulletins, and other Division bulletins, can be found on the Division's Bulletins page.