Health benefits plans; sale by foreign health insurers to persons in State. (HB31)
Introduced By
Del. Bob Marshall (R-Manassas)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Health benefits plans offered by foreign health insurers. Authorizes any foreign health insurer approved by any other state to sell a group health benefits plan that is offered in the insurer's domiciliary state to sell to persons in Virginia any health benefits plan that has been approved by another state. Amends § 38.2-1802, of the Code of Virginia. View Full Text »
Outcome
Bill Has Failed
History
- 12/18/2009 Committee
- 12/18/2009 Prefiled and ordered printed; offered 01/13/10 10100534D
- 12/18/2009 Referred to Committee on Commerce and Labor
- 01/15/2010 Assigned C & L sub: #1
- 01/25/2010 Impact statement from SCC (HB31)
- 01/26/2010 Subcommittee recommends passing by indefinitely
- 02/16/2010 Left in Commerce and Labor
Comments
So even if our state thinks it is OK, the company can't sell it unless another state sells it too?
The company must already be licensed in another state. Does the insurer pay for guaranty association coverage and are policyholders provided guaranty association coverage?