Health benefits; employees of members of an association. (HB1268)

Introduced By

Del. David Toscano (D-Charlottesville)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Health benefits; employees of members of an association. Authorizes an association organized as a nonstock corporation whose members are employers conducting business in the Commonwealth to sponsor a trust that may offer or sell health plans to its members. To be eligible to sponsor a plan, the association is required to have been actively in existence for five years, have at least five members, have been formed for purposes other than obtaining or providing health benefits, and operate as a nonprofit entity. The health plans are to provide health benefits to the employees of members and the sponsoring association and their dependents. The health plan is a self-funded employee welfare benefit plan governed by and subject to the provisions of the federal Employee Retirement Income Security Act of 1974. The measure requires that health plans offered or sold under the program provide coverage for essential health benefits. The measure exempts such trust from state taxation and from insurance regulations. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2018Committee
01/10/2018Prefiled and ordered printed; offered 01/10/18 18104622D
01/10/2018Referred to Committee on Commerce and Labor
01/18/2018Assigned C & L sub: Subcommittee #1
01/24/2018Impact statement from SCC (HB1268)
01/25/2018Subcommittee recommends continuing to 2019
01/29/2018Impact statement from SCC (HB1268)
02/13/2018Left in Commerce and Labor