JLARC; health benefit plan premium rate review process administered by the SCC's. (SJ312)

Introduced By

Sen. Creigh Deeds (D-Bath) with support from co-patron Del. David Toscano (D-Charlottesville)

Progress

Introduced
Passed Committee
Passed House
Passed Senate

Description

Study; JLARC; health benefit plan premium rate review process administered by the SCC's Bureau of Insurance; report. Directs the Joint Legislative Audit and Review Commission (JLARC) to study the health benefit plan premium rate review process administered by the State Corporation Commission's Bureau of Insurance. In conducting its study, JLARC is directed to (i) identify the extent to which premiums for private health benefit plans subject to Title 38.2 (Insurance) in the individual, small group, and large group markets have increased over the past decade; (ii) compare the increases of premiums for such health benefit plans in the Commonwealth to such increases in other states; (iii) identify legislative and regulatory actions by other states that have been effective in reducing, or tempering the rate of increase in, the premiums for such health benefit plans; (iv) compare the health benefit plan rate review processes administered by other states; (v) review the structure and administration of the Bureau of Insurance as it relates to the health benefit plan premium rate review process; and (vi) examine the role of public input in the health benefit plan premium rate review process. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2019Presented and ordered printed 19101966D
01/09/2019Referred to Committee on Rules
02/01/2019Passed by indefinitely in Rules

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