Health care sharing ministries; insurance laws do not apply. (HB1512)

Introduced By

Del. Kathy Byron (R-Lynchburg) with support from co-patrons Del. Sam Nixon (R-Richmond), Del. Glenn Oder (R-Newport News), and Sen. Steve Newman (R-Forest)

Description

Health care sharing ministries. Declares that insurance laws do not apply to a health care sharing ministry. A health care sharing ministry that, through its publication to members, solicits funds for the payment of medical expenses of other members, will not be considered to be engaging in the business of insurance and will not be subject to the jurisdiction of the State Corporation Commission. A health care sharing ministry is a health care cost sharing arrangement among individuals of the same religion, administered by a non-profit, tax-exempt organization that, among other things, acts as an organizational clearinghouse for information about members who have financial or medical needs and matches them with members with the ability to assist those with such needs, and provides for the financial or medical needs of members through payments directly from one member to another. Read the Bill »

Outcome

History