UNFAIR TRADE PRACTICES IN THE SALE OF MEDICARE SUPPLEMENT POLICIES

Carson City: 1818 E. College Parkway, Suite 103 Carson City, Nevada 89706 - Telephone (775) 687-0700 - Fax (775) 687-0797 Las Vegas: 3300 W. Sahara Avenue, Suite 275 Las Vegas, Nevada 89102 - Telephone (702) 486-4009 - Fax (702) 486-4007 DOI.NV.GOV STATE OF NEVADA DEPARTMENT OF BUSINESS AND INDUSTRY DIVISION OF INSURANCE Bulletin 25-006 December 22, 2025 UNFAIR TRADE PRACTICES IN THE SALE OF MEDICARE SUPPLEMENT POLICIES During the 83rd Legislative Session (2025), Senate Bill 292 (“SB292”) passed, requiring insurers that offer Medicare supplemental policies in Nevada to allow individuals who are under 65 years of age and eligible for and enrolled in Medicare on the basis of disability or end-stage renal disease to purchase any Medicare supplemental policy that the insurer offers to new insureds who are 65 years of age or older. These products must be offered to such eligible and enrolled Medicare members regardless of age, and insurers are prohibited from imposing any limitation that does not also apply to any other person who is 65 years of age or older. Failure to comply with the provision is a violation of SB 292 and, potentially, Nevada’s Unfair Trade Practices Act, NRS 686A. Insurer acts or directives to producers1 that effectively restrict supplemental Medicare policies to eligible and qualified individuals will be referred for investigation, which could result in administrative actions authorized by law or a market conduct examination at the expense of the parties involved, which could also result in administrative actions. The purpose of this bulletin is to put insurers on notice that the Division will be monitoring the market to ensure compliance with this mandate. NED GAINES Commissioner of Insurance ____________________ 1”Producer” has the meaning ascribed to “producer of insurance” in NRS 679A.117. JOE LOMBARDO Governor DR. KRISTOPHER SANCHEZ Director NED GAINES Commissioner