Health insurance choice; created. (HB720)
Introduced By
Del. Chris Peace (R-Mechanicsville)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Health benefits plans offered by foreign health insurers. Authorizes health insurers licensed to sell health benefits plans in any other state to sell health benefits plans to residents of the Commonwealth if the foreign health insurer offers the same plans in its domiciliary state, is in compliance with the laws of that state, obtains a certificate of authority to do business in the Commonwealth, and participates in the Virginia Life, Accident and Sickness Insurance Guaranty Association. Foreign health insurers offering such plans in the Commonwealth will be subject to existing provisions regarding unfair trade practices, capital and surplus requirements, and taxes and assessments imposed on domestic health insurers selling individual and group health insurance policies. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/12/2010 | Prefiled and ordered printed; offered 01/13/10 10100668D |
01/12/2010 | Referred to Committee on Commerce and Labor |
01/25/2010 | Impact statement from SCC (HB720) |
02/01/2010 | Assigned C & L sub: #1 |
02/09/2010 | Continued to 2011 in Commerce and Labor |
12/03/2010 | Left in Commerce and Labor |