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2021 SESSION
HB 2332 Commonwealth Health Reinsurance Program; established, report.
Introduced by: Mark D. Sickles | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
Commonwealth Health Reinsurance Program. Requires the State Corporation Commission (Commission) to establish, upon approval of a state innovation waiver request pursuant to § 1332 of the Affordable Care Act, a reinsurance program, known as the Commonwealth Health Reinsurance Program (the Program). The bill provides that the Program is funded through federal funding provided under the state innovation waiver, an assessment on carriers, and state appropriations. The bill requires that the Commission impose an annual assessment of one percent of a carrier's net written premiums on entities authorized to issue individual and group health insurance overage including grandfathered plans but excluding plans offered in the small group market. The bill provides requirements for payment parameters, data submissions, recordkeeping, reporting, and audits of health carriers. The bill requires the Secretary of Health and Human Resources to convene a work group to develop recommendations for developing a state-based subsidy program to increase affordability of health plans to individuals and to increase enrollment in the Virginia Health Benefit Exchange. The bill requires the Commission to evaluate the program following its second year of operation.The provisions of the bill, other than the requirements that the Commission apply for the state innovation waiver, will become effective 30 days after notice of approval of the waiver request.
FULL TEXT
- 01/22/21 House: Presented and ordered printed 21102291D pdf | impact statement
- 02/01/21 House: Committee substitute printed 21104240D-H1 pdf
- 02/04/21 House: Floor substitute printed 21104420D-H2 (Sickles) pdf
AMENDMENTS
HISTORY
- 01/22/21 House: Presented and ordered printed 21102291D
- 01/22/21 House: Referred to Committee on Labor and Commerce
- 01/28/21 House: Reported from Labor and Commerce (17-Y 5-N)
- 01/28/21 House: Referred to Committee on Appropriations
- 01/29/21 House: Assigned App. sub: Health & Human Resources
- 02/01/21 House: Reported from Appropriations with substitute (15-Y 7-N)
- 02/01/21 House: Committee substitute printed 21104240D-H1
- 02/02/21 House: Read first time
- 02/03/21 House: Passed by for the day
- 02/04/21 House: Floor substitute printed 21104420D-H2 (Sickles)
- 02/04/21 House: Read second time
- 02/04/21 House: Committee on Appropriations substitute rejected 21104240D-H1
- 02/04/21 House: Substitute by Delegate Sickles agreed to 21104420D-H2
- 02/04/21 House: Engrossed by House - floor substitute HB2332H2
- 02/05/21 House: Read third time and passed House (59-Y 39-N)
- 02/05/21 House: VOTE: Passage (59-Y 39-N)
- 02/05/21 Senate: Constitutional reading dispensed
- 02/05/21 House: Reconsideration of passage agreed to by House
- 02/05/21 House: Passed House (64-Y 33-N)
- 02/05/21 House: VOTE: Passage #2 (64-Y 33-N)
- 02/05/21 Senate: Referred to Committee on Commerce and Labor
- 02/05/21 Senate: Continued to 2021 Sp. Sess. 1 in Commerce and Labor (15-Y 0-N)