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1999 SESSION
HB 2708 Medical savings accounts.
Introduced by: Eric I. Cantor | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Medical savings accounts. Authorizes financial institutions within the Commonwealth of Virginia to establish medical savings accounts in accordance with federal law. The bill also requires the Joint Commission on Health Care, assisted by the Board of Insurance and the Department on Taxation, to study the current federal and state taxation and insurance laws to determine the feasibility of licensing group self-insurance associations that will pool their liabilities for the purpose of offering high deductible, catastrophic health insurance coverage to holders of medical savings accounts. The Joint Commission on Health Care will submit its findings to the Governor and the 2000 General Assembly.
SUMMARY AS INTRODUCED:
Medical savings accounts. Authorized financial institutions within the Commonwealth of Virginia to establish medical savings accounts in accordance with federal law.