Health benefits plans; sale by foreign health insurers to persons in State. (HB2506)

Introduced By

Del. Patrick Hope (D-Arlington)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Health benefits plans offered by foreign health insurers.  Authorizes foreign health insurers to sell in Virginia any group and individual health benefits plans that the foreign insurers are authorized to offer in their domiciliary state. A foreign health insurer offering a health benefits plan is required to comply with Virginia provisions regarding unfair trade practices, capital and surplus requirements, payment of taxes and assessments, and obtaining authorization to transact business in the Commonwealth. In addition, the minimum benefits provided under such a health benefits plan shall satisfy any actuarial value standards established under Virginia or federal law. Read the Bill »


Bill Has Failed


01/21/2011Presented and ordered printed 11103261D
01/21/2011Referred to Committee on Commerce and Labor
02/01/2011Stricken from docket by Commerce and Labor
02/07/2011Impact statement from SCC (HB2506)