Individual and certain group health benefit plans; rates for plans, minimum loss ratios. (HB2345)
Introduced By
Del. David Toscano (D-Charlottesville)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Health insurance rates; minimum loss ratios. Codifies certain provisions that currently are set out in regulations adopted by the State Corporation Commission pertaining to the establishment of minimum loss ratios to assure that the benefits provided by accident and sickness insurance policies are or are likely to be reasonable in relation to the premiums charged. The measure authorizes the Commission, upon finding that a premium rate filed will not meet the originally filed and approved loss ratio, to require appropriate rate adjustments, premium refunds, or premium credits as necessary for the coverage to conform with established minimum loss ratio standards. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/08/2019 | Committee |
01/08/2019 | Prefiled and ordered printed; offered 01/09/19 19102654D |
01/08/2019 | Referred to Committee on Commerce and Labor |
01/15/2019 | Assigned C & L sub: Subcommittee #1 |
01/16/2019 | Impact statement from SCC (HB2345) |
01/17/2019 | House subcommittee amendments and substitutes offered |
01/17/2019 | Subcommittee recommends reporting with substitute (7-Y 0-N) |
01/22/2019 | House committee, floor amendments and substitutes offered |
01/22/2019 | Reported from Commerce and Labor with substitute (22-Y 0-N) (see vote tally) |
01/22/2019 | Committee substitute printed 19105334D-H1 |
01/24/2019 | Read first time |
01/25/2019 | Read second time |
01/25/2019 | Committee substitute agreed to 19105334D-H1 |
01/25/2019 | Engrossed by House - committee substitute HB2345H1 |
01/28/2019 | Read third time and passed House BLOCK VOTE (99-Y 0-N) |
01/28/2019 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
01/29/2019 | Constitutional reading dispensed |
01/29/2019 | Referred to Committee on Commerce and Labor |
02/10/2019 | Impact statement from SCC (HB2345H1) |
02/11/2019 | Reported from Commerce and Labor (15-Y 0-N) (see vote tally) |
02/13/2019 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/14/2019 | Passed Senate |
02/14/2019 | Read third time |
02/14/2019 | Passed Senate (40-Y 0-N) (see vote tally) |
02/19/2019 | Enrolled |
02/19/2019 | Bill text as passed House and Senate (HB2345ER) |
02/19/2019 | Signed by Speaker |
02/20/2019 | Impact statement from SCC (HB2345ER) |
02/20/2019 | Signed by President |
02/21/2019 | G Governor's Action Deadline Midnight, March 25, 2019 |
02/21/2019 | Enrolled Bill communicated to Governor on February 21, 2019 |
02/21/2019 | G Governor's Action Deadline Midnight, March 26, 2019 |
03/19/2019 | G Approved by Governor-Chapter 607 (effective 7/1/19) |
03/19/2019 | G Acts of Assembly Chapter text (CHAP0607) |