Health insurance market, commercial; JLARC to study measures to increase competition. (HJ53)
Introduced By
Del. John O'Bannon (R-Richmond)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Study; competition in the commercial health insurance market; report. Directs the Joint Legislative Audit and Review Commission to study measures to increase competition in the commercial health insurance market in the Commonwealth. In conducting its study, the Commission shall (i) determine the extent of concentration in the commercial health insurance market; (ii) analyze the effects of such level of concentration on the cost and availability of commercial health insurance products in the Commonwealth; (iii) identify issues responsible for the extent of such market concentration; (iv) determine whether the requirement that health insurers offer to small employers the essential and standard health plan should be repealed; and (v) recommend solutions to address any negative effects of market concentration. View Full Text »
