Health benefits plans; sale by foreign health insurers to persons in State. (HB31)

Introduced By

Del. Bob Marshall (R-Manassas)

Progress

Introduced
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. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
12/18/2009Committee
12/18/2009Prefiled and ordered printed; offered 01/13/10 10100534D
12/18/2009Referred to Committee on Commerce and Labor
01/15/2010Assigned C & L sub: #1
01/25/2010Impact statement from SCC (HB31)
01/26/2010Subcommittee recommends passing by indefinitely
02/16/2010Left in Commerce and Labor

Comments

robert legge writes:

So even if our state thinks it is OK, the company can't sell it unless another state sells it too?

Virginia Citizen writes:

The company must already be licensed in another state. Does the insurer pay for guaranty association coverage and are policyholders provided guaranty association coverage?