VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

2004 SESSION

• history | hilite | pdf | print version

048323298
HOUSE BILL NO. 1327 Offered January 21, 2004 A BILL to amend and reenact § 38.2-3420 of the Code of Virginia, relating to jurisdiction of the State Corporation Commission over multiple employer welfare arrangements. ---------- Patron-- Dudley ---------- Referred to Committee on Commerce and Labor ----------

Be it enacted by the General Assembly of Virginia:

1. That § 38.2-3420 of the Code of Virginia is amended and reenacted as follows:

§ 38.2-3420. Authority and jurisdiction of Commission.

Any A. Except as provided in subsection B, any person offering or providing coverage in thisthe Commonwealth for health care services, whether the coverage is by direct payment, reimbursement, or otherwise, shall be presumed to be subject to the jurisdiction of the Commission to the extent the person is not regulated by another agency of thisthe Commonwealth, any subdivision of thisthe Commonwealth, or the federal government relating to the offering or providing of coverage for health care services.

B. Neither the provisions of this section nor any other provision of law shall be construed to affect or apply to a multiple employer welfare arrangement (MEWA) comprised only of banks and their employees, provided the multiple employer welfare arrangement (i) is duly licensed as a MEWA by the insurance regulatory agency of a state contiguous to the Commonwealth, (ii) files with the Commission a copy of its certificate of authority or other proper license from the contiguous state, and (iii) has no more than 50 employees who reside in Virginia enrolled in or receiving accident and sickness benefits as insureds, members, enrollees, or subscribers of the MEWA. For purposes of this subsection, a "bank" shall be defined as an institution that has or is eligible for insurance of deposits by the Federal Deposit Insurance Corporation.