Broken Promises Retiree Health Coverage Act of 2001

[AI summary unavailable — showing source text] Broken Promises Retiree Health Coverage Act of 2001 - Amends title XVIII (Medicare) of the Social Security Act (SSA) to make certain individuals between the ages of 55 and 65 eligible to enroll in Medicare part A (Hospital Insurance) if the individual was covered as a qualified retiree under a group health plan which terminated such coverage. Outlines premium requirements. Provides for an open enrollment period under the Medicare supplemental health insurance policies (Medigap) program for certain retired workers enrolled in Medicare part B (Supplementary Medical Insurance) and entitled to benefits under Medicare part A (Hospital Insurance) whose coverage under a group health plan is terminated. Amends the Employee Retirement Income Security Act of 1974 (ERISA), the Public Health Service Act, and the Internal Revenue Code (IRC) to provide for COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985) continuation coverage for certain retired workers whose coverage under a group health plan is terminated. Sets forth a special rule for certain dependents in such case as well as permits an increased level of premiums. Amends ERISA and the IRC to mandate that advance notice of any …