Nebraska Department of Insurance

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PRESS RELEASES AND NOTICES

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NOTICE OF HEARING - Regulation to Implement the Medicare Supplement Insurance Minimum Standards

The Director of the Department of Insurance has scheduled a public hearing as required by Neb. Rev. Stat. §84-901 to §84-909 for the proposed amendment of Title 210, Nebraska Administrative Code, Chapter 36, Regulation to Implement the Medicare Supplement Insurance Minimum Standards. The proposed amendments to the current regulation are being done to comply with the Medicare Modernization Act of 2003. The amendments will create two new Medicare Supplement plans and eventually eliminate the prescription drug benefit over time for the Medicare Supplement plans. A copy of the Fiscal Impact Statement is available at the Department of Insurance or on the Department's website at www.doi.ne.gov.

Copies of Chapter 36 are available upon request at a cost of $30.00 each from the Department of Insurance, 941 "O" Street, Suite 400, Lincoln, NE 68508. Copies of Chapter 36 are available for inspection at the aforementioned address, as well as the Office of the Secretary of State, State Capitol Building, Room 343, Lincoln, NE 68509, and through the Department's website at www.doi.ne.gov. All persons interested in presenting oral or written views on the proposed amendment of Chapter 36 will be granted an opportunity at a hearing to be held before the Director of Insurance, State of Nebraska, beginning at 10:00 a.m., on the 8th day of June, 2005, and will continue until concluded. Said hearing will be held in the 5th Floor Conference Room of the Terminal Building at 941 "O" Street, Lincoln, NE 68508. Interested persons may submit written comments to the Department before the hearing date, which will be entered into the record.

Reasonable accommodations will be provided to persons with disabilities upon advanced request. The hearing will be transcribed at the request of any party with the expense of the transcription charged to the requesting party.

All persons interested therein may appear at said time and be heard in reference thereto.

Dated this 5th day of May, 2005.

L. TIM WAGNER
Director of Insurance