Health care shared savings; incentive programs. (SB1611)

Introduced By

Sen. Siobhan Dunnavant (R-Henrico)

Progress

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

Description

Health care shared savings; incentive programs. Requires health carriers to establish a comparable health care service incentive program under which savings are shared with a covered person who elects to receive a covered health care service from a lower-cost provider. Incentive payments are not required for savings of $25 or less. Programs are required to be approved by the Commissioner of Insurance. The measure also requires health carriers to make available an interactive mechanism on their website that enables a covered person to calculate estimated out-of-pocket costs for comparable health care services from network providers and obtain quality data for those providers, to the extent available. Amends § 38.2-4214, § 38.2-4319, § 54.1-2910.01, of the Code of Virginia. Read the Bill »

Status

01/09/2019: Awaiting a Vote in the Commerce and Labor Committee

History

DateAction
01/09/2019Prefiled and ordered printed; offered 01/09/19 19104163D
01/09/2019Referred to Committee on Commerce and Labor

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