Sec. 7. (a) An insurer or health maintenance organization that provides coverage under a Marketplace plan shall provide to each individual covered under the Marketplace plan, not earlier than six (6) months and not later than two (2) months before the birthday on which the individual will become sixty-five (65) years of age, a written notice that includes the following:

(1) A statement that the individual may be eligible to enroll in Medicare during the individual’s initial enrollment period, which begins three (3) months before the individual becomes sixty-five (65) years of age. The department of insurance shall provide language for the statement required by this subdivision in a bulletin issued under subsection (c).

(2) Detailed instructions that the individual may follow to cancel the individual’s Marketplace plan before the individual becomes covered under Medicare, so that there is no overlap between the individual’s Marketplace plan coverage and the individual’s Medicare coverage.

     (b) A written notice described in subsection (a) shall be sent:

(1) by first class mail in the form of a letter addressed to the individual at the address of the individual’s residence; or

(2) by electronic notification.

     (c) The department of insurance:

(1) shall issue an initial bulletin setting forth language for the statement required by subsection (a)(1); and

(2) whenever the department of insurance revises the language described in subdivision (1), shall issue a bulletin setting forth the revised language.

As added by P.L.226-2023, SEC.21.