2014 SESSION

Convened January 8, 2014
Adjourned sine die March 8, 2014
Reconvened April 23, 2014
Adjourned sine die April 23, 2014

INSURANCE

(P) Passed (F) Failed (V) Vetoed (I) Incoporated into other legislation

(C) Carried over to 2015 Session

Divorce, custody, or visitation; court orders in pending suit, maintenance of life insurance policy. Amending § 20-103. (Patron-Minchew, HB 141 (Chapter 55))

Eye care coverage; requirement for carrier practices. Amending §§ 38.2-510, 38.2-4214, 38.2-4319, and 38.2-4509; adding § 38.2-3407.19. (Patron-Head, HB 368 (C))

Family Access to Medical Insurance Security Plan; eligibility for assistance, Board of Medical Assistance Services shall promulgate regulations to implement provisions of this act to be effective within 280 days of its enactment. Amending § 32.1-351. (Patron-O’Bannon, HB 586 (Chapter 9); Hanger, SB 416 (Chapter 183))

Group accident and sickness insurance; blanket policies, any benefits payable under policy shall be paid directly to person covered. Amending § 38.2-3521.1; adding § 38.2-3521.2. (Patron-Ingram, HB 1166 (Chapter 350))

Health benefit exchange; prohibits State Corporation Commission from contracting or entering into a memorandum of understanding to carry out its plan management functions with U.S. Department of Health and Human Services or any other federal agency. Amending §§ 32.1-16 and 38.2-326. (Patron-Berg, HB 338 (C))

Health benefit exchange navigators; character and reputation for honesty, background check requirement. Amending § 38.2-3456. (Patron-Hugo, HB 770 (F))

Health benefit exchanges; regulation of navigators. Amending §§ 38.2-3455 and 38.2-3456; adding §§ 38.2-3457 through 38.2-3460. (Patron-Byron, HB 1043 (Chapter 769); Martin, SB 542 (Chapter 752))

Health benefit plans; exception for certain plans previously approved, waiver for navigator program. Amending §§ 38.2-4214 and 38.2-4319; adding § 38.2-3454.1. (Patron-Newman, SB 477 (F))

Health benefit plans; renewal and offer of nonconforming plans. Adding §§ 38.2-3454.1 and 38.2-3454.2. (Patron-Marshall, R.G., HB 236 (F))

Health care policy, group health benefit plan, and health plan; updates references to federal programs in definitions. Amending §§ 8.01-27.5, 38.2-2201, 38.2-3407.12, and 38.2-3407.15. (Patron-Ware, HB 765 (Chapter 417); McWaters, SB 360 (Chapter 157))

Health insurance; carrier contracts with pharmacy providers, definition of overpayment. Adding § 38.2-3407.15:1. (Patron-Ware, HB 108 (Chapter 308))

Health insurance; coverage for mental health services. Amending § 38.2-3412.1. (Patron-Spruill, HB 1185 (F))

Health insurance; credits for retired school division employees. Amending §§ 51.1-1400 and 51.1-1401. (Patron-McQuinn, HB 110 (F))

Health insurance; each insurer, corporation, or health maintenance organization providing a health care plan that includes coverage for contraception methods, etc., shall be required to offer an identical policy, contract, or plan. (Patron-Marshall, R.G., HB 18 (F))

Health insurance; essential health benefits, abortion coverage. Amending § 38.2-3451. (Patron-McClellan, HB 1186 (F); Locke, SB 618 (F); McEachin, SB 646 (I) See SB618)

Health insurance; health carrier shall provide notice of increase in premium or deductible, time frames for provision of notices may be adjusted by Commission’s Bureau of Insurance. Amending § 38.2-3407.14. (Patron-Ware, HB 1176 (Chapter 511))

Health insurance; increases amount of monthly credit for retired state employees. Amending § 51.1-1400. (Patron-Ingram, HB 1104 (F); Ruff, SB 103 (C))

Health insurance; insurance companies shall be allowed to continue to offer plans in all product markets that were in effect at any time during 2012 and 2013. (Patron-Farrell, HB 1147 (F))

Health insurance; no health insurance plan is required to include coverage for contraception methods, sterilization procedures, or abortifacient drugs or devices. (Patron-Marshall, R.G., HB 20 (F))

Health insurance; no individual or group accident and sickness insurance policy, etc., shall provide coverage for contraception methods, etc., unless subscriber or enrollee requests such coverage. (Patron-Marshall, R.G., HB 19 (F))

Health insurance; prescription drug formularies, insurer, corporation, or health maintenance organization shall provide to each affected group or individual health benefit plan policyholder or contract holder, etc., not less than 30 days’ prior written notice of modification. Amending § 38.2-3407.9:01. (Patron-Dance, HB 308 (Chapter 272); Puller, SB 201 (Chapter 297))

Health insurance; program for local school board employees. Amending § 2.2-1204. (Patron-Kilgore, HB 1016 (F))

Health insurance; victims of sexual assault, cost-sharing requirement for HIV prevention medication. Amending § 38.2-3418. (Patron-Favola, SB 275 (C))

Health insurance exchanges; navigators and other exchange assistors, licensing and regulation, penalties. Amending §§ 38.2-1866, 38.2-3455, and 38.2-3456; adding §§ 38.2-3457 through 38.2-3466. (Patron-Marshall, R.G., HB 136 (F))

Health insurance policies; individual and group coverage, conversion policies, plans offered in the Commonwealth by health carrier through health benefit exchange established under federal Patient Protection and Affordable Care Act. Amending §§ 38.2-3407.12, 38.2-3407.16, 38.2-3407.18, 38.2-3414, 38.2-3414.1, 38.2-3417, 38.2-3418.9, 38.2-3418.10, 38.2-3418.13 through 38.2-3418.16, 38.2-3430.6, 38.2-3438, 38.2-3541, 38.2-4217, 38.2-4306, 38.2-4310, and 38.2-4319; repealing §§ 38.2-3416 and 38.2-3541.1. (Patron-Byron, HB 1005 (Chapter 814))

Human Resource Management, Department of; removes part-time state employees from definitions under state health plan established by Department. Amending § 2.2-2818. (Patron-Watkins, SB 464 (Chapter 631))

Income tax, state; deduction for prepaid funeral, medical, and dental insurance premiums. Amending § 58.1-322. (Patron-Kory, HB 314 (C))

Insurable interest requirement; annuity contracts. Amending § 38.2-301. (Patron-Rush, HB 1077 (F); Reeves, SB 401 (F))

Insurance; expands list of employees who may be provided certain types of insurance. Amending § 15.2-1517. (Patron-McClellan, HB 721 (F))

Insurance; state health plan shall provide means whereby coverage of only one additional adult may be purchased, state employee shall pay cost for additional adult. Amending §§ 2.2-2818 and 15.2-1517. (Patron-McEachin, SB 252 (F))

Insurance companies; permitted investments in foreign securities. Amending §§ 38.2-1414 and 38.2-1433. (Patron-Massie, HB 466 (Chapter 206); Newman, SB 406 (Chapter 159))

Insurance companies; required to maintain risk management framework and to conduct an Own Risk and Solvency Assessment (ORSA). Amending §§ 38.2-1005.1:7, 38.2-1339, 38.2-1342, and 38.2-4319; adding §§ 38.2-1334.3 through 38.2-1334.10. (Patron-Watkins, SB 88 (Chapter 248))

Insurance contracts; principle-based reserve basis, use of valuation manual. Amending §§ 38.2-1315.1, 38.2-3101, 38.2-3209, 38.2-3723, and 38.2-4123; adding §§ 38.2-1365 through 38.2-1385; repealing §§ 38.2-3126 through 38.2-3144. (Patron-Kilgore, HB 631 (Chapter 571))

Insurance holding companies; revises requirements applicable to companies to conform to National Association of Insurance Commissioners’ Insurance Holding Company System Regulatory Act and Insurance Holding Company System Model Regulation. Amending §§ 38.2-1322 through 38.2-1327, 38.2-1329, 38.2-1330, 38.2-1330.1, 38.2-1332, 38.2-1333, 38.2-1334.1, 38.2-4509, 38.2-5500, and 38.2-5501; adding §§ 38.2-1332.1, 38.2-1334.3, 38.2-1334.4, and 38.2-1334.5; repealing § 38.2-1331. (Patron-Ware, HB 109 (Chapter 309))

Insurance joint underwriting associations; Property Casualty Insurers Association of America and National Association of Mutual Insurance Companies authorized to appoint two directors to board of directors. Amending §§ 38.2-2803 and 38.2-2903. (Patron-Bell, Robert B., HB 336 (Chapter 198))

Insurer insolvencies; designates Department of Taxation as agency to handle refunds of surplus funds from members of Virginia Life, Accident and Sickness Insurance Guaranty Association with respect to an insurer’s insolvency. Amending §§ 38.2-1611.1 and 38.2-1705. (Patron-Alexander, SB 70 (Chapter 154))

Life insurance; basic coverage for retired state employees, creditable service. Amending § 51.1-505. (Patron-Ingram, HB 1105 (F))

Life insurance; coverage for retired state employees with 30 or more years of creditable service, provisions of this act shall not become effective unless included in general appropriations act. Amending § 51.1-505. (Patron-Ruff, SB 102 (F))

Life insurance; retired state employees offered optional group life insurance coverage with premiums to be paid by retirees. Amending § 51.1-512. (Patron-Ruff, SB 101 (F))

Life insurance and annuity contracts; interest on proceeds. Amending § 38.2-3115. (Patron-Kilgore, HB 634 (Chapter 411); Watkins, SB 86 (Chapter 155))

Long-term care insurance; notice of lapse or termination of policy, reinstatement. Adding § 38.2-5202.2. (Patron-McClellan, HB 719 (F))

Medical malpractice proceedings; prohibits claimants from relying solely upon insurer or federal practice guidelines or reimbursement criteria to establish or define standard of care without expert testimony. Amending § 8.01-581.20. (Patron-Hope, HB 78 (F))

Mopeds; drivers required to obtain driver’s license, insurance requirements. Amending §§46.2-705 and 46.2-914. (Patron-McWaters, SB 179 (F))

Mopeds; same insurance requirements that apply to motor vehicles. Amending § 46.2-705. (Patron-Reeves, SB 375 (F))

Motor vehicle insurance; policy coverage for inconvenience. Amending § 38.2-2204. (Patron-Marshall, D.W., HB 211 (F))

Motor vehicle insurance; premiums based on credit information. Amending §§ 38.2-2212, 38.2-2213, and 38.2-2234. (Patron-Lingamfelter, HB 1139 (F))

Motor vehicle insurance; underinsured coverage. Amending § 38.2-2206. (Patron-Kilgore, HB 629 (C))

Motor vehicle insurance policies; repaired or rebuilt salvage vehicles, premiums for policies insuring salvage vehicles. Adding §§ 38.2-2201.1 and 38.2-2216.1. (Patron-Fariss, HB 441 (F))

Nonprofit benefits consortium; exemption from regulation as an insurance company and from license tax and exclusions, effective date for provisions. Adding §§ 6.2-951, 6.2-952, and 6.2-953. (Patron-Kilgore, HB 1057 (Chapter 220); Watkins, SB 120 (Chapter 296))

Nonresident public adjusters; applicant to maintain a bond in amount of $50,000, conditioned on conducting his business in accordance with Virginia law. Amending §§ 38.2-1845.5 and 38.2-1845.8. (Patron-Rust, HB 755 (Chapter 337))

Patient Protection and Affordable Care Act, federal; Bureau of Insurance of State Corporation Commission to study effects on Virginia health insurance consumers. (Patron-Byron, HJR 147 (C))

Pediatric oral health; essential health benefits. Amending § 38.2-3451. (Patron-Habeeb, HB 33 (Chapter 307); Stuart, SB 484 (Chapter 369))

Prescription drugs; specialty tier coverage. Amending §§ 38.2-4319 and 38.2-4509; adding § 38.2-3407.14:1. (Patron-O’Bannon, HB 304 (F))

Public water and sewer utilities and authorities; localities and authorities to establish and operate programs providing utility line service contracts, contracts shall be with state licensed plumber to effect any repairs as result of program. Amending § 38.2-2618; adding §§ 15.2-2111.1 and 15.2-5121.1. (Patron-Cole, HB 227 (F))

Real estate loans; prohibits lender from requiring borrower to provide flood insurance coverage against risks to improvements on real property. Amending § 6.2-412. (Patron-Puckett, SB 74 (Chapter 247))

Virginia Birth-Related Neurological Injury Compensation Act; board of directors to adopt rules and regulations. Amending §§ 38.2-5002.1 and 38.2-5016. (Patron-O’Bannon, HB 1207 (C); Miller, SB 630 (F))

Virginia Health Benefit Exchange; established and operated by new division within State Corporation Commission. Amending §§ 38.2-4214, 38.2-4319, and 38.2-4509; adding §§ 38.2-6400 through 38.2-6416. (Patron-Watkins, SB 45 (F))

Virginia Health Benefit Exchange; Exchange shall make qualified plans available to qualified individuals and qualified employers by January 1, 2016, unless the State Corporation Commission postpones this date. Amending §§ 38.2-4214, 38.2-4319, and 38.2-4509; adding §§ 38.2-6400 through 38.2-6416. (Patron-Sickles, HB 292 (F))

Virginia Retirement System; increases monthly health insurance credit for retired local government employees, etc. Amending §§ 51.1-1402 and 51.1-1403. (Patron-Stanley, SB 109 (C))